Egypt: World Oil Report 1991
Journal Article
·
· World Oil; (United States)
OSTI ID:5800696
This paper reports on a selective ban on exploration for oil and gas that resulted for offshore and onshore areas of the Red Sea and South Sinai. Egypt is a new hot spot for environmental concerns. After six months of debate, three concessions in the southern Gulf of Suez were reopened for exploration in late 1990. Companies can resume seismic work and eventually drill, but only in a zone from the shoreline inland and under certain restrictions. If oil is found in the restricted area, discovery wells must be plugged and the location restored. If commercial, companies must go outside the restricted zone and drill deviated wells. Three companies directly involved are Asamera Egypt (Gulf Canada), Germany's Deminex and Exxon. All foreign exploration companies are now required to submit environmental impact statements.
- OSTI ID:
- 5800696
- Journal Information:
- World Oil; (United States), Journal Name: World Oil; (United States) Vol. 212:8; ISSN 0043-8790; ISSN WOOIA
- Country of Publication:
- United States
- Language:
- English
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