Middle East Economic Survey
VOL. XLVIII
No 38
19-September-2005
ALGERIA
Amerada Hess To Invest Further $400Mn In Gassi El Agreb Oil Recovery Project
US-based Amerada Hess will invest a further $400mn in the Gassi El Agreb (GEA) redevelopment project, operated by SonaHess, a joint operating company of Amerada Hess (49%) and Sonatrach (51%). This investment was approved in August 2004 in order to implement the second phase of the redevelopment project. It will cover new facilities to provide for gas...
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