NO. 12/13

25-DEC-1989/1 JAN1990


Sonatrach to Set up Joint Services Company with CFP

Sonatrach of Algeria and France's CFP on 16 December signed a protocolagreement on establishing a joint-venture company for oil studies andservices. According to a press release, the new company will have a capital of10mn dinars ($1.2mn) and is intended "to provide services within andoutside Algeria relating to the planning and realization of work-over operationsand operations leading to the...