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Country-Plan Projects and Tenders |
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6884 Subject |
46 مليون دولار استثمارات في استكشاف البترول لشركات من انجلترا وسويسرا Three petroleum concession agreements signed with UK & Swiss companies involving $ 46 million investments and $ 1.75 million signature bonus. |
| Date Published | Friday, September 03, 2004 |
| Source Name | Gomhouria |
| Location Name | Country Wide |
| Description | Three petroleum concession agreements were recently signed with UK & Swiss companies involving $ 46 million investments and $ 1.75 million signature bonus. Agreements were concluded with Barin Energy Ltd. of the UK covering a 4,298 Km2 onshore area in the Western Desert involving $ 14 million investments, with LK Exploration, also of the UK, covering a 521 Km2 offshore area & with Alex Oil Co., of Switzerland, covering another 294 Km2 offshore area, both on the Suez Gulf involving $ 14 million & $ 18 million investments respectively. |
| Sectors Section |
Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |
