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Sonatrach Awards $239Mn Contract For Five SBMs To Double Oil Export Capacity

Sonatrach has signed a $239mn contract with US-based FMC Sofec on 14 December for the installation of five single buoy moorings (SBMs), two of which will be installed at Skikda, two at Arzew and one at Bejaia. The signing follows the public opening of bids tendered on 19 November, Sonatrach said in a statement. The new SBMs, which will be completed in two years, will double liquids...