Algeria Set to Award Hassi Messaoud Work

摘要

Algeria is set to award a design contract to begin a new development at Hassi Messaoud, its largest oil field, as the North African Opec producer tries to stem its steadily declining oil output. Algerian production, which peaked at 1.4 million barrels per day in 2007, could fall below 1 million b/d by 2018 unless new capacity is brought on stream, according to industry analysts.