VOL. XXXVII

NO. 26

28-MARCH-1994

Egypt

Terms Approved By Bids Committee For West Delta And Rosetta Tracts

Earlier this month the bids committee of the Egyptian General PetroleumCorporation (EGPC) approved the award of the 8,200-sq. km. West Delta deep-waterblock to British Gas and Italy's Edison, and of the 3,600-sq. km. Rosettashallow-water block to British Gas and Shell (MEES, 7 March). The terms of theWest Delta agreement provide for an exploration expenditure of $39mn, includingthe drilling of...