Petrofac-led Joint Venture Secures $1.5 Billion Petrochemical Project in Algeria

Petrofac, a leading international service provider to the oil and gas industry, has been granted a conditional award by STEP Polymers SPA, a wholly-owned subsidiary of Sonatrach, to undertake a significant petrochemical project in Algeria. The project, valued at approximately $1.5 billion, will contribute to the Arzew Industrial Zone’s development, located west of Algiers. This … Read more