Advertisement
Sonatrach awards $180 mln in oil service contracts - document
&format=webp)
Algeria's Sonatrach awards $180 mln in oil service contracts - document
Baker Hughes has also secured a $50 million contract through its Algerian unit BJSP, in which Sonatrach owns 51 percent. The fourth contract worth $44 million has been awarded to the Emirati firm NPS.
Advertisement
Algerian state energy company Sonatrach has awarded U.S. oil service firms Schlumberger and Weatherford contracts for cementing and pumping services, a Sonatrach document said.
Advertisement
Schlumberger was awarded a $75 million contract, and Weatherford a $11 million contract, according to the document seen by Reuters.
OPEC member Algeria has been trying to attract foreign oil companies to explore for oil to offset stagnant production.
Advertisement
Subscribe
Sportal WhatsApp
Latest Videos
Advertisement
Videos
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 06.09.2017Stranded? Don't worry you are covered!
-
Business 29.03.2017Taking customer engagement to new levels -
Business 10.03.2017Check out the new 2017 model
&format=webp)
&format=webp)
&format=webp)
Advertisement
Advertisement
More from Pulse Nigeria
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
&format=webp)
Advertisement