Eni, Total, Occidental sign $4 bn Algeria oil contract
Eni, Total, Occidental sign $4 bn Algeria oil contract
Italy's Eni, US major Occidental, France's Total and the Algerian group Sonatrach signed a $4 billion oil and gas production-sharing contract Tuesday for the Berkine field in the country's southeast.
Algerian President Abdelmadjid Tebboune, hosting his Italian counterpart Mario Draghi on Monday with whom he sealed a clutch of deals, said the 25-year accord would provide Rome with "significant volumes of natur...