VOL. XLI
No. 27
6-July-1998
ALGERIA
Sonatrach And Amoco Sign Production-Sharing Agreement Covering New Gas Fields
Algeria's state-owned Sonatrach and Amoco Corp. of the US on 29 June signed a production sharing agreement covering the development of four gas fields in the In Amenas region, southeast of Hassi Messaoud. The 20-year agreement calls for $790mn to be invested and a $30mn signature bonus to be paid by Amoco when the agreement goes into effect. The agreement also covers...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!