VOL. XXXIX

No. 46

12-August-1996

EGYPT

Petrobel Makes Two New Discoveries Near Port Fuad Offshore Gas Field

Belayim Petroleum (Petrobel) - the 50/50 joint venture between the Egyptian General Petroleum Corporation (EGPC) and the Agip subsidiary International Egyptian Oil Company (IEOC) - has made two new gas discoveries near its Port Fuad offshore gas field in the Mediterranean. One discovery well, Darfil-1 (Dolphin-1), located 35 kms. north of Port Said, tested at a rate of 40mn cubic...