Banbi Announces Four New Oil And Gas Discoveries
Egyptian Oil Minister Hamdi al-Banbi has announced four new oil and gas discoveries,one onshore and three offshore, according to the Cairo daily al-Akhbar of 4September. He also said that a total of 24 discoveries, 10 oil and 14 gas, have been madeso far this year. The latest onshore discovery was made with the Rabeh East No. 1 well inthe West 'Ish al-Mallaha concession at a distance of 8 kms. west of the...