No. 23



Amoco Discoveries Add 50,000 B/D To Its Suez Gulf Output

A new oil discovery and rapid development of an earlier oil discovery first brought onstream in October 1997 have enabled Amoco to increase its Gulf of Suez production by50,000 b/d to 332,000 b/d through Gupco, the joint venture between Amoco Egypt and theEgyptian General Petroleum Corporation (EGPC), according to an Amoco announcement in Cairoon 1 June.

The new oil discovery, made with the South Gharib...