Mobil ExtendsExploration Activities In Algeria
The state-ownedAlgerian firm Sonatrach announced on 28 February that Mobil Petroleum AlgeriaInc., a wholly-owned subsidiary of Mobil Oil Corporation, plans to continue itsexploration work in the 12,770 sq. km. Blocks 415A, 416B, 424B and 433 locatedto the northeast of the Hassi Messaoud oil field near the city of Touggourt. Thenew exploration phase, to start this summer, covers a five-year period and work...