CrescentPetroleum Relinquishes E. Khalda Permit In Favor Of United Arab Engineering
According to Dr.Wafiq Mishrif, Deputy Chairman for Agreements at the Egyptian General PetroleumCorporation (EGPC), EGPC has approved the relinquishment by the Sharjah-based,privately-owned Crescent Petroleum Company of the 861-sq. km. East Khalda permitin the Western Desert in favor of the United Arab Engineering and PetroleumFields Services Company of the UAE. The concession...