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<a href="http://www.accessmylibrary.com/coms2/summary_0286-26826871_ITM" title="Facts and information about Cepsa pumps 4.1m euros in oil each day in Ourhoud (Petroleo espanol en Argelia).">Cepsa pumps 4.1m euros in oil each day in Ourhoud (Petroleo espanol en Argelia).</a>
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Cepsa pumps 4.1m euros in oil each day in Ourhoud (Petroleo espanol en Argelia).
(From El Pais)
Today, the Algerian oil field of Ourhoud is a flourishing hive of activity, with Spanish oil group Cepsa pumping out 230,000 barrels of oil each day, bringing in 4.1m euros. Only six years ago, however, before a team of geologists in four-wheel drives discovered the oil bed, Ourhoud was nothing more than an unnamed spot in the middle of a featureless desert. In 1997, Cepsa signed an agreement with the country's public company Sonatrech, through which all deals have to be made, allowing the ...
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