VOL. XXXIX

No. 41

8-July-1996

EGYPT

Another Egyptian Private Company Joins E&P Operations And Brings In New Producer

Gharib Oil Fields Company, headed by Eng. Salih 'Awad Al- lah, has become the third Egyptian private-sector company to become involved in the country's oil exploration and production (E&P) operations. It has done so by acquiring an 80% interest in Kriti's onshore Burg al-'Arab concession area located on the Mediterranean coast southwest of Alexandria in the...