Middle East Economic Survey


No 41



Eni Renews Development And Production License In Algerias Block 403

Eni has renewed its development and production license for the fields belonging to Algerias Block 403, in the Bir Rebaa area of the countrys prolific Berkine Basin, the Italian company announced on 3 October. Production from these fields in southeast Algeria, which started up in 1995, averages around 23,000 b/d of oil equivalent. The renewal of the license enables Eni...