Tag: BP Amoco

Algerian gas venture

BP Amoco and Algerian state hydrocarbons firm Sonatrach have signed a USD 2.5 billion deal to jointly develop the country’s In Salah gas reserves, executives of the two firms said.

BP Amoco invests in Caspian Sea

BP Amoco and its partners will spend billions of dollars on the construction of two huge natural gas and oil-drilling projects in the Caspian Sea.

Refinery in Iran

Iran's oil ministry has authorised the construction of a refinery close to the Caspian Sea, Iranian news agency IRNA has said.