Kappa Energy Declines Northwest Gemsa Award
Kappa Energy Company Inc. of Canada has declined the Northwest Gemsaaward approved by the Egyptian General Petroleum Corporation (EGPC) last December (MEES,22/29 December 1997). The 825-sq. km. block, located primarily onshore on the west side ofthe southern Gulf of Suez, was one of 15 blocks included in the first bid round for 1997 (MEES,28 April 1997). In an operational update issued on 4 November, the...