African Export-Import Bank (Afreximbank) has approved a $200 million financing facility to support Shoreline Power Company Limited and Arkad SpA’s participation in the Hassi Bir Rekaiz (HBR) Phase 2a field development project in Algeria, one of the country’s largest upstream infrastructure developments. The financing will support Arkad’s 44% share of the $980 million engineering, procurement and construction (EPC) contract […]
