Anadarko to resume exploration in Algeria

Published March 29th, 2001 - 02:00 GMT

Anadarko Petroleum Corp. and its partners have signed an amendment to their Production Sharing Agreement with SONATRACH, the national oil company of Algeria, that will enable Anadarko to resume exploration of Blocks 404, 208 and 211.  

 

Anadarko's partners in this new exploration venture are Lasmo Oil (Algeria) Limited, a wholly owned subsidiary of Eni S.p.A., and Maersk Olie, Algeriet AS, each holding a 25 percent interest. Anadarko, with a 50 percent interest, is the operator.  

(oilonline)  

© 2001 Mena Report (www.menareport.com)

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