EGPC Bids Committee Approves Kappa's Offer For NW Gemsa Block
The Calgary-based Kappa Energy Company Inc. announced on 25 November that it hasreceived notification from the Egyptian General Petroleum Corporation (EGPC) that the bidscommittee of the EGPC has approved Kappa's offer for Block E (Northwest Gemsa). The825-sq. km. block, located primarily onshore on the west side of the southern Gulf ofSuez, was one of 15 blocks included in the first bid round for...