Eni Granted Three Permits by Sonatrach
Italy’s Eni has been granted three permits by Algeria’s Sonatrach for joint prospection activities in the basins of Timimoun and Oued Mya, in onshore southern Algeria.
‘The initiative strengthens the already excellent relations between Eni and Sonatrach and Eni's strong presence in the country,’ reads a note released by Eni on Wednesday.
According to the available information, the three permits are valid for two years and cover a total area of 46,837 square kilometers.
Eni is the number one international producer in the country. It has interests in 29 exploration and development licences currently in production, and 3 permits under development.