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...