Arab Today, arab today sonatrach discovers oil in berkine basin
Last Updated : GMT 13:41:06
Arab Today, arab today
Arab Today, arab today

Sonatrach discovers oil in Berkine basin

Arab Today, arab today

Arab Today, arab today Sonatrach discovers oil in Berkine basin

Algiers – Hocine Bousalah

Sonatrach Petroleum Group has announced the discovery of oil in the Berkine basin. The operation was carried out in east-Algerian area of Hassi Messaoud on Tuesday in partnership with the Thai BTTIB Corporation and China’s CNOOC. In a statement, the government-owned petroleum company said that the discovery came as the result of exploration drill MAS-1 in the area surrounding the Hassi Bir Rekaiz oil field. The three partners will continue work on the discovered field to assess its value and develop projects in the Hassi Messaoud. A cooperation deal with see Sonatrach take 51 percent share of the oil found, with BTTIB and CNOOC getting 24.5 percent each.

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