Spain's Repsol Awarded New Exploration Acreage In Algeria
Algeria's Sonatrach on 12 May signed a new oil and gas explorationagreement on production sharing terms with Spain's Repsol. The agreement coversthe 6,423-sq. km. Zirara block (No. 425), located southeast of Hassi R'Mel andwest of Hassi Messaoud. Under the agreement, Repsol will carry out a seven-yearexploration program, comprising geological and geophysical studies, seismicsurvey work and the...