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16 March 2016: Sonatrach awards major drilling tubes contracts

16 March 2016

Sonatrach has awarded $880 million worth of contracts for the supply of oil and gas drilling tubes to four companies.

Germany’s CCC Machinery, Japan’s Marubeni-Itochu, Vallourec Tubes France and Dutch firm Van Leeuwen were all chosen for the order.

Algeria has worked to increase the number of approved foreign suppliers as it looks to expand production to meet growing local demand and sustain its exports.