Browse
related articles
Egypt exploration deals signed
- Egypt: Wednesday, February 03 - 2010 at 09:41
Two agreements have been signed between state-owned Egyptian General Petroleum Corporation and US-based Apache Corp for exploration in the country's Western Desert, Reuters has reported. Egypt's oil ministry said Apache will invest at least $55m to drill 13 wells under the agreements. Thomas Voytovich, vice president and general manager of Apache Egyptian Companies, told the news service the firm is spending around $1bn a year in Egypt and that he sees the figure being maintained or growing in coming years.
Related Content
Article Options
StaffWednesday, February 03 - 2010 at 09:41 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
