Friday, July 13, 2007

Tunisia grants oil exploration permit to Shell

(Reuters) - Tunisia has awarded an oil and gas exploration permit to an Anglo-Dutch Shell subsidiary, Shell Tunisia, government officials said on Friday.

Under the production-sharing agreement, Shell Tunisia in partnership with Tunisian state oil firm Entreprise Tunisienne des Activites Petrolieres (ETAP), will invest $3.0 million in search and drilling work.


Read more at Reuters Africa

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