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Edison wins Abu Qir oil and gas rights
- Egypt: Thursday, December 04 - 2008 at 08:40
Italy's Edison International has signed a deal with the state-owned Egyptian General Petroleum Corporation for the Abu Qir concession in the Mediterranean Sea near Alexandria, MEED has reported. About 13 companies bid for the acreage during the tender process. The deal gives Edison exploration, development and production rights for the area.
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