Middle East Economic Survey
VOL. LII
No 13
30-Mar-2009
ALGERIA
Saipem Signs $1.8Bn MLE Contract As Algeria Forges Ahead With Upstream Developments
Algeria is pushing ahead with major upstream joint ventures, and demonstrating its commitment to sustaining oil and gas production in the face of low prices. Algerias state energy firm Sonatrach, in partnership with the projects operator Eni, has awarded a $1.8bn engineering, procurement and construction (EPC) contract for the 350mn cfd Menzel Ledjmet...
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