ALGERIA

 

Algeria: IOCs Look For Clarity On Shale-Focused Bid-Round

 

The 31 blocks on offer in Algeria’s recently-launched bid round are attracting interest from international oil companies (IOCs) even as doubts persist over the attached conditions.

Algeria’s new bid round was launched last month after careful preparation aimed at preventing a repeat of the poor results of previous rounds. A new hydrocarbon law offers improved terms for unconventional production....