VOL. XXXVII

NO. 33

16-MAY-1994

Algeria

Anadarko Plans To Develop Algerian Oilfield

The group composed of the US firm Anadarko (operator, 50%), together withLasmo (25%) and Maersk (25%), has announced plans to develop its Hassi Berkineoilfield and two neighboring oil discoveries in Algeria. Anadarko said that initial gross reserve estimates for the three discoveries (for details seeMEES, 28 February) range from a "mostly likely" 324mn barrels to anoptimistic forecast of over 900mn barrels. The...