Issue No. 23
Sonatrach Signs Second E&P Agreement With BHP
Algeria's state-owned Sonatrach signed a production sharing contractwith Australia's Broken Hill Proprietary Company (BHP) on 31 May covering the 9,003-sq.km. Boukhechba area (Blocks 219/220), located west of the Tin Fouye Tabankort (TFT) oiland wet gas field and just south of the Rhourde Nouss and Rhourde El Hamra oil and gasfields. The agreement provides for a 10-year exploration period divided into six...