The Petroleum Projects and Technical Consultations Company (PETROJET) has received a preliminary award for the general contractor contract for the second-phase development of the Hassi Bir Rekaiz conventional oil field in Algeria, valued at $1.087 billion, according to a statement by Egypt’s Ministry of Petroleum and Mineral Resources on October 20.
The award follows PETROJET’s…
SONATRACH and its partner Occidental Petroleum Corporation based in the United States (Oxy) proceeded , at the Oran Convention Center, to the signing of a Memorandum of Understanding, reflecting the desire of both parties to consolidate their existing relations and extend their cooperation, through new partnership opportunities in the field of exploration and exploitation of…