Algeria approves Sinopec’s $490 million spending plan for mature oilfield

PSC will enable Sinopec and Sonatrach to recover 95 million barrels of oil from the Zarzaitine field

New deal: the two companies will retrofit a natural gas lift unit to Zarzaitine’s existing facilities.
New deal: the two companies will retrofit a natural gas lift unit to Zarzaitine’s existing facilities.Photo: SINOPEC
Published 11 October 2022, 08:35Updated 12 October 2022, 10:30