Middle East Economic Survey

VOL. LI

No 28

14-July-2008

ALGERIA

Cepsa Extends Contract At 20,000 B/D RFK Field By Five Years, Bullish On Ourhoud

Spanish firm Cepsa announced on 2 July that it has signed an agreement with Algerian national energy firm Sonatrach to extend its production sharing contract at the 20,000 b/d Rhourde El Khrouf (RKF) oil field, on Block 406a in Algerias prolific Berkine Basin, by five years. The RFK field was brought on-stream in 1996, and the Spanish firm said the...