Algeria inks $206m oil deals with US firms
RABAT, May 16, 2016
Algeria’s state-owned Sonatrach has awarded contracts worth $206 million to a number of US for oil drilling and other services, a report said.
Schlumberger obtained a $75 million contract, while Weatherford received $11 million in new business, added the Morocco World News report.
Baker Hughes secured a $50 million contract through its subsidiary BJSP, 51 per cent of which is owned by Sonatrach.