Sonatrach considers Libyan return following talks
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
The Algerian company hosted a delegation from Libya’s National Oil Corp. (NOC) on May 4. NOC chairman Mustafa Sanalla held talks with Sonatrach chairman Toufik Hakkar in Algiers. Sonatrach’s SIPEX unit works in Libya’s Ghadames Basin.
NOC said Sonatrach could return to the two licences and complete its contracted obligations. The Libyan company noted improvements in security and stability. Sonatrach subsidiaries focused on services gave presentations, on areas such as construction, drilling and development. The two sides also discussed training plans for welding and inspection.
Click on the link below for full report