No. 47



EGPC Extends Deepwater Bids Deadline As Shell Prepares To Start Offshore Drilling

The Egyptian General Petroleum Corporation (EGPC) has announced it will extend the deadline for bidding on deepwater blocks from 15 November until 28 June 2001 and will also consider dividing the four blocks on offer A1, A2, D1, and D2 in the western Mediterranean into 8 to 10 smaller parcels. The blocks cover areas of 50,000 sq km each and water depths ranging from...