VOL. XL

No. 49

8-December-1997

EGYPT

EGPC Awards North Idku Block To Deminex Group

The Egyptian General Petroleum Corporation (EGPC) has awarded the North Idku block,located mainly offshore in the Mediterranean east of Alexandria, to a consortium led byGermany's Deminex, according to a Deminex press release issued in Essen on 26 November.The 2,084-sq. km. block, one of the last concession areas left in Egypts North Nile Deltaeast of Alexandria, excludes the three Abu Qir gas producing leases...