VOL. XXXVI

NO. 8

23-NOVEMBER-1992

TUNISIA

Tunisia Awards Onshore Exploration Permit

Tunisia's Ministry of National Economy announced on 12 November that it hasawarded an exploration permit to a 50-50 joint venture composed of BrabantPetroleum Limited of the UK (operator) and the Exploration DevelopmentCorporation (EDC) of the US. Under the agreement, Tunisia's state-ownedEntreprise Tunisienne d'Activites Petrolieres (ETAP) may take a stake of up to50% in any discovery. The contract covers the...