Eni and Total partner with Sonatrach for offshore exploration in Algeria
Published by Aimee Knight,
Editorial Assistant
Oilfield Technology,
In parallel, Eni and Total will also pursue obtaining exploration permits that will allow for the rapid completion of the hydrocarbon potential assessment.
Eni's CEO, Claudio Descalzi, said: “Together with Sonatrach and Total, we will have the opportunity to explore the deep waters of the Algerian offshore, a virtually unexplored geological province where Eni will be able to contribute by leveraging its experience in the Eastern Mediterranean and its inventory of advanced exploration technologies.
Eni has been present in Algeria since 1981 and currently participates in 32 mining permits with an equity production in the country of 90 000 boe day, making the company the country's main international player.
Read the article online at: https://www.oilfieldtechnology.com/exploration/29102018/eni-and-total-partner-with-sonatrach-for-offshore-exploration-in-algeria/
You might also like
Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.