Sonatrach Issues New Contracts

Monday, March 14, 2016

Sonatrach has issued new contracts for several firms for the supply of oil and gas drilling tubes. Four firms were awarded contracts worth a combined $880 million.

A Reuters report named the firms as being Germany’s CCC Machinery, Dutch firm Van Leeuwen, Japan’s Marubeni-Itochu, and Vallourec Tubes France.

A senior Sonatrach official also told Reuters that a list of approved foreign suppliers of oil and gas services, drilling equipment, and hydrocarbon transportation would be expanded.

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