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Algeria awards four licences in 2014 bid round

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Report summary

Four consortia including Repsol, Shell, Statoil, Dragon Oil and Enel have secured exploration licences in the latest Algerian bid round. The presence of Shell and Statoil will be a boost which will bring in valuable expertise, but the majority of the available blocks received no bids. Investors continue to view Algeria as a difficult place to do business and much still needs to be done by the government to change this perception.

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    Algeria awards four licences in 2014 bid round

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  • Algeria awards four licences in 2014 bid round

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  • 2014 bid round licence map

Tables

  • Licence awards

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