Middle East Economic Survey
VOL. LIII
No 46
15-Nov-2010
EGYPT
Groundstar Transfer Of Kom Ombo Interest Approved
Egypts Ministry of Petroleum has approved an agreement to transfer 60% of the interest held by Groundstar Resources in the West Kom Ombo to Aegean Energy, a subsidiary of Energean Oil and Gas. A series of additional planned transactions will see a further 20% interest transferred to the Greek company, Groundstar said in a statement, resulting in a final holding of 80% interest for...
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