Algeria’s Minister of Energy and Mines, Mohamed Arkab, and the CEO of Italy-based Edison Nicola Monti discussed partnership and avenues for cooperation in the energy and utilities sectors.
Eni said that the discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5 – 3.5 tcf.
Italian oil and gas firm Eni signed a new Production Sharing Contract (PSC) agreement with SONATRACH, Oxy and TotalEnergies for oil blocks 404 and 208 in Algeria.