EXHIBIT 10.73

      AGREEMENT entered into as of November 1st 1999, between Isramco, Inc.,
with offices at 1770 st. James Place, suite 607 Houston Tx 77056 (the "Company")
and Worldtech Inc., with offices at 3715 Sunlo Iung Rai Centre, 34, Harbour
Road, Wanchai, Hong Kong (the "Consultant").

      WHEREAS, Consultant is in the business of providing management personnel
to advise businesses relating to their operations and investments outside of the
United States and in European countries and maintains executive and operating
personnel for this purpose; and

      WHEREAS, Jackob Maimon is an employee of Consultant; and

      WHEREAS, the Company is desirous of retaining the services of Consultant
to assist the Company in performing consulting functions on an as needed basis
and Consultant has agreed to make the services of Jackob Maimon available for
this purpose.

      NOW, THEREFORE, in consideration of the mutual covenants and promises
herein contained, Consultant and the Company hereby agree as follows:

1.    Consulting Services. The Company hereby engages Consultant and Consultant
      hereby agrees to make itself available to render at the request of the
      Company, certain independent advisory and consulting services to the best
      of its ability in compliance with all applicable laws, the Company's
      Articles of Incorporation and By-laws and under the terms and conditions
      hereof. Services rendered by Consultant hereunder may be made via
      telephone and via correspondence. It is understood that the services
      rendered shall be upon the request of the Company and shall be rendered at
      such time, in such manner and at such places as shall be reasonably
      convenient and consistent with Consultant's other business and personal
      commitments.

2.    Compensation. In consideration of Consultant's promise to perform the

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      services for the Company as provided for in Section 1 hereof and as an
      inducement to enter into this Agreement, the Company shall pay to
      Consultant or a company owned by Consultant, an annual consulting fee of
      Two Hundred Forty Thousand (240,000) Dollars payable in installments of
      Twenty Thousand ($20,000) Dollars per month. All monthly payments shall be
      paid on or before the tenth (10th) day of each month with the first
      payment due December 1, 1999.

3.    Expenses. Consultant shall be reimbursed for all reasonable business
      expenses incurred by it during the Consulting Term (as hereinafter
      defined) in the performance of its services hereunder in compliance with
      the existing policies of the Company relating to reimbursement of such
      expenses. Consultant is required to submit sufficient documentation of
      expenditures.

4.    Independent Contractor. It is expressed, understood and agreed that
      Consultant is acting as an independent contractor in performing its
      services hereunder. The Company shall carry no workmen's compensation
      insurance or any accident insurance to cover Consultant. The Company shall
      not pay any contribution to social security, employment insurance, federal
      and state withholding taxes.

5.    Term. This Agreement shall be in fulll force and effect for the period
      commencing November 1, 1999 and continuing up to and through May 31, 2001
      (the "Consulting Term"). Notwithstanding the foregoing, the term of this
      Agreement shall be automatically extended for an additional term of three
      (3) years commencing June 1, 2001 through May 31, 2004, unless the Company
      has given Consultant written notice, at least ninety (90) days prior to
      June 1, 2001, that it does not intend for the term to be automatically
      extended.

6.    Death and Disability. If Consultandt during the term of this Agreement is
      unable to perform services by reason of illness or incapacity, the
      compensation to Consultant shall nevertheless continue at its present rate
      for the duration of the Consulting Term. If Consultant dies during the
      term of this Agreement, the compensatin payable pursuant to Section 2
      hereof shall continue for a period of

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      one (1) year from Consultant's death.

7.    Termination Payment. In the event Consultant's relationship is terminated
      by the Company, Consultant shall be entitled to receive a severance
      payment in one lump sum equal to the balance of the unpaid consulting fee
      due to Consultant for the remaining term of this Agreement simultaneously
      with its termination. Notwithstanding the foregoing, this Agreement may be
      terminated at will by Consultant upon thirty (30) days prior written
      notice to the Company. In such event, the termination payment provided for
      in Section 7 hereof shall not be applicable and Consultant shall only be
      entitled to one (1) additional month of compensation after notice of
      temination.

8.    Severability. With respect to any provision of this Agreement finally
      determined by a court of competent jurisdiction to be unenforceable,
      Consultant and the Company hereby agree that such court shall have
      juridiction to reform such provision so that it is enforceable to the
      maximum extent permitted by law, and the parties agree to abide by such
      court's determination. In the event that any provision of this Agreement
      cannot be reformed, such provision shall be deemed to be served from this
      Agreement, but every other provision of this Agreement, shall remain in
      full force and effect.

9.    Binding Effect: Assignment. The terms and provisions of this Agreement
      shall be binding on and inure to the benefit of Consultant, the Company
      and their respecttive heirs, executors, administrators, legal
      representatives, successors and assigns. This Agreement shall require the
      personal services of Consultant and consequently, Consultant may not
      assign, pledge or encumber in any way all or party of its obligators under
      this Agreement without the prior written consent of the Company. The
      Company may assign its rights and obligations hereunder without the
      consent of Consultant. Notwithstanding the foregoing, the Company shall
      continue to act as a guarantor of its obligations hereunder.

10.   No Modification. No agreement, modification, or any provision of this
      Agreement, nor consent to any departure therefrom shall be effective
      unless the same shall be in writing and signed by the parties hereto.

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11.   Governing Law. This Agreement shall be governed and construed in
      accordance with the laws of the State of New York.

12.   Notices. All notices, consents, demands, requests, approvals and other
      communications which are required or may be given hereunder shall be in
      writing and be deemed to have been given, delivered or mailed, registered
      or certified, first class postage prepaid and telefax as follows:

                  If to Consultant:

                  Worldtech Inc.
                  3715 Sun Hung Kai Centre
                  3Q, Harbour Road
                  Wanchai, Hong Kong
                  Attention: Mr. Jackob Maimon.

                  If to Company:

                  Isramco, Inc.
                  Isramco - Israel Branch
                  Granit 8 str.
                  Kiriat Arie
                  Petach Tikva 49422 Israel

13.   Captions. The section headings of this Agreement are included for
      convenience only and shall not constitute a part of this Agreement in
      construing or interpreting any provision hereof.

      IN WITNESS WHREOF, the parties hereto have executed or caused to be
executed this instrument as of the day and year first above written.


                                          Isramco, Inc.

                                          By: _______________________

                                          Worldtech Inc.


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                                          By: _______________________

Isramco/contracts/0030