VOL. XL

Issue No. 23

9-June-1997

ALGERIA

Sonatrach And Repsol To Develop Tifernine Oil Field

On 2 June, Algeria's Sonatrach and its Spanish partner Repsol signed a$57mn contract with Brown & Root-Condor, a joint venture between Sonatrach and the USenergy group Halliburton, to participate in the development of Tifernine oil field whichwas discovered in 1993. According to the agreement, Brown & Root-Condor will build anetwork linking 15 producing oil wells, storage tanks and a plant to...