VOL. XXXVI
NO. 25
22-MARCH-1993
EGYPT
Repsol Negotiates for Purchase of Phillips' Equity in Western Desert
MEES learns that Repsol is negotiating for the purchase of Phillips' share infour small oil fields - Alamein, Yidma, Umbaraka and South Umbaraka - in Egypt'sWestern desert. Repsol is already a partner in all four fields, with Phillips asthe only other shareholder. The Alamein, Yidma and Umbaraka fields are beingproduced by Wepco, the joint operating company owned 50% by the Egyptian General...
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