VOL. XLIII

No. 47

20-November-2000

ALGERIA/IRAQ

Sonatrach And Indian Group Sign MOU To Bid Jointly On Development Of Iraqs Tuba Field

A memorandum of understanding (MOU) to bid jointly on the development of Iraqs Tuba oilfield was signed in London on 10 November by Sonatrach of Algeria and an Indian group consisting of state-owned Oil and Natural Gas Corporation Videsh (OVL) and the private firm Reliance Petroleum. We have reached an agreement that we will pool our resources and bid jointly for...