Japan’s JGC is undeterred by Algeria’s bureaucratic and political challenges. In its latest results, published earlier this month, the engineering firm announced it was looking to secure a “crude oil processing” contract in Algeria during the second half of the Japanese fiscal year which runs to 31 March 2020.
JGC is the largest foreign oil engineering firm in Algeria, with three large ongoing projects in the country, two of which have recently experienced development difficulties. JGC says that in Q3 it was forced to post additional costs and delay its $1.04bn gas booster project at the giant Hassi R’Mel gas field due to the local government “restricting the hiring of workers from outside the province.” (CONTINUED - 582 WORDS)
