Monday, April 25, 2016
National Oilwell Varco (NOV) and Schlumberger were awarded contracts by Algeria’s state-run oil and gas firm Sonatrach. The contracts are for managing well operations.
Schlumberger was awarded a $25-million contract for technical assistance and NOV won a $45-million contract after being pre-selected in 2015 by Sonatrach’s drilling division, according to a document seen by Reuters.