VOL. XXXIX

No. 3

16-October-1995

ALGERIA

Upstream Activity In Algeria

Two foreign firms operating in Algeria announced last week that they will start production of around 52,000 b/d of crude oil by the end of 1996. The US company Anadarko and Cepsa of Spain, both partners of state-owned Sonatrach in production-sharing agreements in southeast Algeria, will produce 40,000 b/d and 12,000 b/d respectively. Other foreign firms also announced last week that they will spud their first...