Statoil, BP Remain Committed to Algeria Despite Violence

14 Jul 2016   Algeria

With strengthened safety measures in place, Statoil and BP pledge their commitment to Algeria despite militant attacks on their facilities in the North African nation. Statoil ASA and BP plc say they will remain in Algeria despite militant attacks on their joint oil and gas operations in the country over the last few years, following the implementation of improved safety measures. “Algeria has been an important country for Statoil in many years, and we have a long term perspective in the country,” Knut Rostad, Statoil’s media contact for international exploration and field development, told Rigzone. BP echoed Statoil’s allegiance to the North African oil producer, with a company spokesperson stating that it has a “long history in Algeria and remains committed to Algeria.” Highlighting their long-term engagement in the country, the European oil and gas firms in February announced the recent start-up of the Southern Fields project in Algeria, […]

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