MENA Hydrocarbons Has Acquired Interests in Two Offshore Exploration and Development Concessions

摘要

The Canadian company MENA Hydrocarbons announced on 1 June that it had agreed to acquire a 55% interest in an offshore development tract located 60 km off Egypt's Mediterranean coast. The area concerned is part of a larger exploration concession, in which MENA will have a 35% interest. MENA has not disclosed the name of the concession.