Sonatrach signs $4bn Berkine deal with majors as Algerian momentum builds

Issue 466 - 08 Aug 2022 | 4 minute read

Sonatrach’s new production-sharing contract with Eni, TotalEnergies and Occidental Petroleum for a 100-well campaign to restore and boost output in Berkine Basin blocks 404 and 208 points to a further upturn of activity in Algeria, where the national oil company’s head envisages ‘three or four’ more big upstream contracts by end-2022, writes Dominic Dudley.

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