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Algeria: Questions remain after Bir Sebaa contract announcement
Sonatrach has announced that with its partners, Thailand’s PTT Exploration and Production (PTTEP) and PetroVietnam Exploration Production Corporation (PVEP), it has signed an engineering, procurement and construction contract with Italy’s Maire Tecnimont for the Bir Sebaa Phase II and Mouiat Outlad Messaoud (MOM) field development project. Sonatrach estimated the contract – which has been expected since 2016 – at $400m, with work due to take 40 months from an unspecified start date.
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