EGPCBids Committee Approves Concession Agreements With Shell And Norsk Hydro
Thebids committee of the Egyptian General Petroleum Corporation (EGPC) has approvedthe terms of two concession agreements with Shell and Norsk Hydro, both foracreage in Egypt's Western Desert. The agreement with Shell is for the13,000-sq. km. Northeast Abu al-Gharadiq block for which a joint offer was alsoreceived from Repsol and Mobil. The agreement with Norsk Hydro is for the Ras...