Algeria: Samsung contract for south west development

Samsung Engineering’s $800m contract with Groupement Timimoun to complete the south western field development jointly owned by Sonatrach, Total and Cepsa is the latest indication that progress is underway in this area after years of disappointment and false starts. The other companies developing gas fields nearby are GDF Suez at Touat and Repsol, RWE and Edison at Reggane Nord. All these projects have suffered years of delay as Sonatrach changed its mind on the routing of the planned GR5 gas pipeline to the Hassi R’mel hub.