VOL.XXXIXNo. 6416-December-1996EGYPT

RepsolAcquires Norsk Hydro's Assets In Egypt Repsol of Spain and Norsk Hydro of Norway have entered into an agreementunder which Repsol will acquire Norsk Hydro's 63.64% participating interest inand operatorships of the Ras Kanayis and Ras al-Hikmaconcession areas in Egypt's Western Desert, according to a Repsol pressrelease issued in Madrid on 9 December. The assignment ofinterests and transfer of operatorships are subject to the consent of the Kuwait...