VOL. XXXVII

NO.4

25-OCTOBER-1993

Egypt

Petrobel MakesNew Discovery South Of Belayim Marine Field

Petrobel, thejoint venture between the Egyptian General Petroleum Corporation (EGPC) and theAgip subsidiary International Egyptian Oil Company (IEOC), has for the firsttime made an oil discovery in Nubia sandstone south of the Belayim Marine fieldin the Gulf of Suez, although this formation is a producer in other fields inthe Gulf like July, Bakr and Ras Gharib. The well reportedly tested at a rate of...