No 20



Egypt Launches 2003 Upstream Licensing Round

The Egyptian General Petroleum Corporation (EGPC) has launched the 2003 upstream licensing bid round in which 12 exploration blocks in the Gulf of Suez and the Western Desert are open to bidding on a production-sharing contract basis. Potential bidders may purchase data packages on the blocks and review data at the EGPC Geological and Geophysical Center, Nasr City from 4 May. The closing date of the round is 30 July at...