Middle East Economic Survey
VOL. LIII
No 38
20-Sep-2010
Vegas And Shell Ramping Up Egyptian Production
As a new bid round approaches, many upstream firms still see Egypt as a good place to invest, despite governments late payment of revenues
Shell and Athens-based upstream firm Vegas Oil and Gas are set to boost production at two concessions in Egypt one jointly owned by up to a combined potential increase of 35,500 b/d of oil.
A consortium led by Vegas is evaluating using water injection to...
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