Sonatrach Opens Nine More Blocks to Foreign Firms
Algeria's state-owned Sonatrach on 25 June called for a new round ofinternational bids for the exploration of nine blocks totaling 38,900 sq. kms.Mr. Yassine Hassan, Sonatrach's Director of Negotiations, told Reuters that theblocks would be offered on a production-sharing basis to international firmsafter two information seminars on the subject have been held in Houston andLondon. "The companies should reply at...