VOL. XXXVIIINO. 1112-DECEMBER-1994

Egypt

Inpex/JNOC Farm Into Mobil/Asamera's South Belayim Permit

MEES is reliably informed that two Japanese companies Indonesia PetroleumLtd. (Inpex) and Japan National Oil Corporation (JNOC) have farmed into the343-sq. km. offshore South Belayim permit in the Gulf of Suez (see map overleaf)that was awarded to Mobil and Asamera (Gulf Canada, Canadian Occidental, Sun andCanadian Northwest) last April (MEES, 2 May). The two Japanese companies havetaken up a 25%...