Eritrea government signs agreement for Red Sea exploration

The Government of Eritrea has signed two agreements with Defba Oil Share Co. for oil exploration activities in two blocks of the Eritrean northern territorial waters in the Red Sea.

Offshore staff

ASMARA, Eritrea -- The Government of Eritrea has signed two agreements with Defba Oil Share Co. for oil exploration activities in two blocks of the Eritrean northern territorial waters in the Red Sea.

Defba Oil Share Co. has been set up through the partnership of the Eritrean government and Energy Alliance Co. WLL.

10/09/2008

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