NO. 8



IEOC/Amoco Discover Gas In Timsah Permit

The Agip subsidiary International Egyptian Oil Company (IEOC) and Amoco havemade a new gas discovery in the Mediterranean sea off Egypt, the second thisyear, IEOC said on 16 November. The discovery well in the offshore Timsah permitflowed at a daily rate of 1mn cu. ms. (35mn cu. ft.) of natural gas and 2,400barrels of condensate with a wellhead pressure of 6,000 psi. The well wasdrilled in 260 ft. of water to a total...