VOL. XXX

N0. 10

15-DECEMBER-1986

EGYPT

Total Postpones Development of Amal Field

Reports from Paris indicate that Total/CFP has decided to postponedevelopment of the Amal field in the Gulf of Suez because of the fall in oilprices. Total/CFP's retrenchment program also involves postponement of otherdevelopment projects elsewhere in the world.

Plans to develop the Amal field were announced last January following thesuccessful testing of three wells Amal 10, 11 and 12 which flowed at rates of2,350...