VOL.XXXIXNo. 5728-October-1996ALGERIA

SonatrachForms Joint Venture Service Company With US FirmAlgeria's Sonatrach has formed a joint venture with the US company M-I DrillingFluids, a subsidiary of Smith International. The new company,named M-I Algeria Spa, will provide drilling fluid products andengineering services from its headquarters in the main oilproducing region of Hassi Messaoud, where all other foreignoil firms are based. According to M-I Drilling Fluids, its agreement with...