Blocks Meleiha, Meleiha Deep, West Razzak (MEPME)
MOECO International B.V., a wholly owned subsidiary of MOECO, in June 2010 acquired a 20% interest in three blocks (Meleiha, Meleiha Deep, and West Razzak) in onshore Egypt through its affiliate Mitsui E&P Middle East B.V.
The crude oil and natural gas are being produced while conducting further exploration.
| Contract Area | Meleiha |
|---|---|
| Company | Mitsui E&P Middle East B.V. |
| Contract | PSC |
| Status | Production |
| Project Interest |
・IEOC Production B.V.* 56% ・LUKOIL Overseas Egypt Ltd. 24% ・MEPME 20% |
| Contract Area | Meleiha Deep |
|---|---|
| Company | Mitsui E&P Middle East B.V. |
| Contract | PSC |
| Status | Exploration |
| Project Interest |
・IEOC Production B.V.* 80% ・MEPME 20% |
| Contract Area | West Razzak |
|---|---|
| Company | Mitsui E&P Middle East B.V. |
| Contract | PSC |
| Status | Production |
| Project Interest |
・IEOC Production B.V.* 80% ・MEPME 20% |
(* Operator)
West Bakr Block (EPEDECO)
EPEDECO is producing crude oil in this block, located in onshore Egypt.
| Contract Area | West Bakr Block |
|---|---|
| Company | The Egyptian Petroleum Development Co., Ltd. (EPEDECO) |
| Shareholder |
・INPEX CORPORATION 52.7% ・MOECO 37.13% ・Others 10.17% |
| Contract | PSC |
| Status | Producing |
| Project Interest |
・EPEDECO* 100% |
(* Operator)
Egypt
Libya