VOL. XLIII

No. 26

26-June-2000

ALGERIA

Australias BHP Approves Joint Development Of Rhourde Oulad Djemma Project

Australias Broken Hill Proprietary (BHP) on 22 June approved a $500mn project to develop some 300mn barrels of reserves in Algerias Berkine Basin 800km southeast of Algiers. Five fields Rhourde Oulad Djemma (ROD), SFNE, RERN, BSF and RDB will be developed in blocks 401a and 402a with Sonatrach and Agip Algeria, a subsidiary of Italys Eni. The largest of the fields, ROD, extends into...