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The Algerian Government is understood to have given Sonatrach and Amerada Hess i ...

The Algerian Government is understood to have given Sonatrach and Amerada Hess its approval for two production sharing agreements covering development of LC 40 block in Rhourde El Bouni and enhancing production from the El Gassi, El Agreb and Zotti oil fields, southwest of Hassi Messaoud. The two projects, valued at $550mn, include a 1,000-km 3D seismic acquisition programme, the drilling of 36 wells and the construction of gas facilities and a gas pipeline.
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