World News

August 2017, Vol. 244, No. 8

Cepsa Celebrates 30 Years in Algeria Madrid-based Cepsa celebrated its 30th anniversary of uninterrupted operations in Algeria at a recent event attended by Spanish and Algerian officials and representatives from Cepsa, Sonatrach and Mobadala. Algeria has played a key role in Cepsa’s growth which began exploration and production activities there working with Sonatrach before expanding to locations worldwide. In partnership with Sonatrach, it operates in three major oilfields in the Berkine basin to produce a total of 137,279 gross bpd.  It also has a 42% stake in the MEDGAZ subsea pipeline and participates with Total…

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