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Hoping to break the cycle of failure that has dogged all of its rounds to allocate new blocks since 2004, the Algerian authorities are pulling out all the stops with a new auction. [...]
A trial of ex Sonatrach executives on embezzlement charges could cast a shadow over a third licensing round notwithstanding Algeria’s need of new exploration projects. [...]
After an abortive attempt last year, Algeria plans to put new exploration licenses up for sale at the end of this year. [...]
Among companies pre-qualified for a new licensing round in Algeria figures a private Algerian group with no oil industry experience. [...]
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