Algeria: Bid round, offshore drilling
Issue 257
- 28 Jun 2013
| 1 minute read
Algeria is planning to hold an upstream licensing round by year-end and will start its own offshore drilling next year. The authorities plan to organise a roadshow starting in July to present details of the round and the terms on offer under the revised hydrocarbons law. Meetings will be held in London, Moscow, Asia and the Middle East, Sonatrach president director-general Abdelhamid Zerguine told CWC’s North Africa Gas conference in Rome on 25 June.
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