VOL. XXXIX No. 58 4-November-1996EGYPT

New Gas Discovery In Timsah Permit A new gas discovery has been made in the Timsah permit in Egypt's Mediterranean offshore north of the Nile Delta by the joint venture comprising the Agip subsidiary International Egyptian Oil Company (IEOC, operator, 50%) and Amoco of the US (50%). The discovery well - Tuna No. 1, located about 65 kms. off Port Said and 9.5 kms. northeast of the Timsah gas field - tested at a rate of 16mn cubic feet daily (cfd) of...