VOL. XL
No. 6
10-February-1997
ALGERIA
Anadarko To Invest $120Mn In Algerian Upstream Development In 1997
The Houston-based Anadarko Petroleum Corp. announced on 30 January that it plans to invest around $120mn on upstream development in Algeria during 1997, or approximately 40% of its global development budget of $300mn for the year. Anadarko is working to develop three substantial oilfields discovered since 1993. Development of the Hassi Berkine South field is underway with initial production...
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