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Country-Plan Projects and Tenders |
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5727 Subject |
11.8 مليون دولار لعقدين لاستكشاف البترول والغاز بالصحراء الغربية لشركتين صينية واسترالية Two concession agreements were signed recently with Sterol, of Chile & with Oil Search, of Australia, for petroleum exploration & exploitation at 5,768 Km2 area in the Western Desert. |
| Date Published | Wednesday, March 31, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
| Description | Two concession agreements were signed recently with Sterol, of Chile & with Oil Search, of Australia, for petroleum exploration & exploitation at 5,768 Km2 area in the Western Desert. Development involves $ 11.3 million committed investments & $ 0.5 million signature bonus to conduct seismic surveys covering not less than 500 Km2 area & to drill at least 3 wells over the next 7 years. |
| Sectors Section |
Beneficiary Sectors - Petroleum - Oil, Gas & Petrochemicals Production |
