VOL. XLIV

No. 07

12-February-2001

EGYPT

Shell Optimistic About ProspectsOf NEMED Mediterranean Deep Offshore Block

Royal Dutch Shell is about tocomplete its second well in the Northeastern Mediterranean (NEMED) offshoredeepwater block, MEES understands. The drilling of the first well in themost northern block of Egyptian waters (see map) commenced on Christmas day. Thereis keen interest in neighboring Cyprus, Israel and Palestine in the results tobe announced shortly from these two well, which...