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French company drills for petroleum in Egypt
Egypt, Business, 5/6/1999
Egyptian Minister of Petroleum Hamdi El-Banbi signed yesterday a new agreement with the Amoco and Elf Aquitaine to explore for petroleum in the Mediterranean Sea in an area covering 15,600 square kilometers. The two companies agree to spend a minimum of $310 million on the exploration operations and to dig 10 new exploratory wells for which modern technology will be used due to the drilling area's location in deep water.
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Mobinil's shares break the 50 pound barrier
(5/5/1999)
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(5/5/1999)
Cairo: $300 million Indian project for fertilizer production
(5/4/1999)
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