VOL. XXXIX

No. 37

10-June-1996

ALGERIA

Sonatrach Signs New E&P Deal With Agip

Algeria's state-owned Sonatrach on 3 June signed a production-sharing contract with Italy's Agip covering the 591-sq. km. Wadi El Teh area (Block 440), located in the Ghadames Basin, around 250 kms. to the southeast of Hassi Messaoud and 200 kms. to the northwest of the Borma field.

Under the agreement, Agip will undertake during a four-year period a 3-D seismic survey covering an area of 220 sq. kms. and...