Algeria signs gas field deal with oil giant ExxonMobil
The two companies plan to "study the existing opportunities to develop the hydrocarbon resources in the Ahnet basin and the Gourara basin" in southern Algeria, Sonatrach said in a statement.
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Algerian oil company Sonatrach CEO Rachid Hachichi, seen here earlier in March this year, signed the gas field deal with ExxonMobil. (AFP)
By NewVision Reporter
Journalists @NewVision
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AFP
ALGIERS - Algeria's state oil company announced Thursday it signed a memorandum with ExxonMobil to develop two gas fields, a move an analyst called