Sonatrach in discussions with Occidental Petroleum to extend licences
A preliminary agreement has been signed for the renewal of blocks. It paves the way for the alignment of several blocks on the same 25-year extension.
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▪ Sonatrach in discussions with Occidental Petroleum to extend licences
▪ A preliminary agreement has been signed for the renewal of blocks. It paves the way for the alignment of several blocks on the same 25-year extension.
▪ https://www.africabusinessplus.com/en/811345/sonatrach-in-discussions-with-occidental-petroleum-to-extend-licences/
American oil company Occidental Petroleum‘s (Oxy) management recently signed a memorandum of understanding with state-owned Sonatrach extending its production sharing agreement for an additional 25 years.
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