Algeria is set to sign deals with US majors Chevron and ExxonMobil to boost exploration and production of natural gas, as the North African country aims to hike gas deliveries to Europe (MEES, 24 May).
State firm Sonatrach will sign an agreement with Chevron to develop an oil and gas field “within the next few days,” Energy Minister Mohamed Arkab announced on 29 May, without specifying the name or location of the field. (CONTINUED - 246 WORDS)