Shell wins $150 mln contract to explore oil in Tunisia

Reuters, Sunday 2 Sep 2012

Royal Dutch Shell secures a $150 million deal to explore and drill in Tunisia, as part of a government plan to develop the country's energy sector

Royal Dutch Shell has won a $150 million oil exploration deal in Tunisia as part of plans to attract investments to the energy sector, the industry minister said on Saturday.

"Shell will drill oil wells in the centre of the country at a cost of $150 million," Lamine Chakari said.

Exploration and drilling operations will take place in the areas of El Jem, Kairouan, Sousse and Sfax, he said, without giving more details.

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