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Eni, Total To Explore Deepwater Offshore Algeria

Oil giants, Eni and Total have signed two agreements with Sonatrach which include a partnership for exploration offshore Algeria.

In parallel, Eni and Total will look to obtain exploration permits to speed up completion of their assessment of the hydrocarbon potential.

Remarking on the development, Eni CEO Claudio Descalzi said: “Together with Sonatrach and Total, we will have the opportunity to explore the deep waters of the Algerian offshore.”

Speaking further Descalzi said the field is “a virtually unexplored geological province where Eni will be able to contribute by leveraging its experience in the Eastern Mediterranean and its inventory of advanced exploration technologies.”

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