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Country-Plan Projects and Tenders |
| 9304 Subject |
22 مليون دولار حجم الاستثمارات المتوقعة لشركة جاس دي فرانس بغرب البرلس A new concession agreement signed with Gas de France for petroleum exploration & exploitation rights at West Al Borollos offshore zone in the Mediterranean. |
| Date Published | Friday, September 16, 2005 |
| Source Name | Al-Ahram |
| Location Name | 15 May City |
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Description Date Format: (mm/dd/yyyy) |
A new concession agreement was recently signed with Gas de France for petroleum exploration & exploitation rights at West Al Borollos offshore zone in the Mediterranean. Agreement covers 1,361 Km2 area and provides for $ 22 million committed investments & $ 1.1 million signature bonus. Development is unique since this is the first time that Gas de France gets a petroleum concession in Egypt alone with no other partners. |
| Sectors Section | Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |