No. 02



EGPC Announces First E&P Bid Round For 1998

In announcing the first bid round for 1998, the Egyptian GeneralPetroleum Corporation (EGPC) has invited offers for oil and gas exploration anddevelopment rights in nine blocks - A, B, C, D, E, F, G, H and I - with a total area of170,188 sq. kms., located onshore and offshore in various parts of the country (for areaand location of the blocks, see map overleaf). The EGPC announcement said that Egyptian,Arab or...