VOL. XXXVI

NO. 3

19-OCTOBER-1992

EGYPT

Texaco's Assiut Concession Incorporates Two-Year Geophysical Option

The terms of the oil and gas exploration agreement provisionally signed two years ago (MEES, 15 October 1990) by Egypt with Texaco for the Assiut tract have become available to MEES. The agreement, for which the effective date is 10 July 1992, follows closely the pattern of other Egyptian oil and gas production-sharing agreements, but additionally includes a geophysical...