Energy Minister Mohamed Arkab on 5 April said Algeria would launch a bid round “soon,” the first under the country’s ‘new’ hydrocarbons law which was enacted in 2019 (MEES, 10 January 2020).

The comments came after a meeting with US Ambassador Elizabeth Moore Aubin, in which Mr Arkab called on American companies to invest in the oil and gas sector. US-firm Occidental is a key operator in the country and is eying a new contract under the new oil law this year (MEES, 4 March). (CONTINUED - 385 WORDS)