6 days ago
Sonatrach, Eni sign $1.35 billion production sharing deal
DUBAI, July 7 (Reuters) - Algeria's state oil and gas company Sonatrach and Italy's Eni ( opens new tab have signed a production sharing contract to explore and develop hydrocarbons, Sonatrach said in a statement on Monday.
Total investments for exploration and development work in the so-called Zemoul El Kbar contractual perimeter are estimated at $1.35 billion, the statement said.
