VOL. XXXVII
NO. 24
14-MARCH-1994
Egypt
Egypt Waives Signature Bonus On Mobil/Asamera South Belayim Tract
According to Cairo press reports quoting Oil Minister Hamdi al-Banbi, Egypthas agreed to waive the $1mn signature bonus on the Mobil/Asamera South Belayimblock in the Gulf of Suez, which is one of five agreements that will shortly bereferred to the Egyptian People's Assembly (parliament) for approval (MEES, 7March). The reason for the waiver is that Asamera (Gulf Canada, CanadianOccidental, Sun...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!