Middle East Economic Survey

VOL. LIII

No 39

27-Sep-2010

ALGERIA

Sonatrach Awards Saipem Hassi Messaoud Contract

Italian oil services firm Saipem announced on 20 September that Algerias Sonatrach had awarded it the construction contract for a gas-oil separation plant at Hassi Messaoud. Following the recent launch of a new upstream bidding round and the approval of PetroCeltics drilling program, the Saipem award is further proof that state-owned Sonatrachs new management is beginning to get Algerias...