GPC: to extend Amer and Bakr contracts

  • GPC: to extend Amer and Bakr contracts

    GPC: to extend Amer and Bakr contracts

    Monday, 22nd March 2010
    General Petroleum Company (GPC) decided to extend both contracts of "Amer" and "Bakr" oilfields, located in its acquisition area in Ras Gharib, one of the leading centers of petroleum production in Egypt, in the Red Sea. Earlier, GPC said it would offer both fields to foreign partners.