East Ras Budran
RWE Dea Egypt achieved Ministry Agreement for Offshore Concession in the Gulf of Suez
Wednesday, 18th December 2013
The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area. RWE Dea is the operator, holding a share of 80%. The company plans a 3D seismic survey and one exploration well during the first three-year exploration period.