Middle East Economic Survey

VOL. XLIX

No 47

20-Nov-2006

ALGERIA

Statoil Says Drilling In Hassi Mouina Block To Begin This Month

Norways Statoil on 10 November said drilling in the Hassi Mouina Block in west-central Algeria would get under way during November and first test results could be available in early 2007. The company announced last January that it had contracted two rigs from Nabors Drilling and Enafors for work in the block (MEES, 16 January). Statoil holds a 75% interest in the 23,000...