Word: sahara
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CITIES SERVICE CO. will make first major effort by any U.S. company to drill for oil in Africa's promising Sahara Desert. Deal is for fifty-fifty profit split with two French companies in a joint venture to exploit Sahara's proven reserves of 3.5 billion bbl., explore for potential reserves conservatively estimated at 7 billion...
...their cherished treasures hanging in a clearing in the jungle or round the walls of a mud hut." Last week, as a result of McEwen's persistence, his gallery was staging the biggest and best exhibition of paintings, prints and drawings ever assembled south of the Sahara...
Mountaintop Threats. The bare-bosomed Blue Bell girls are safe from the sunburn of the Sahara this year: getting the oil from Hassi Messaoud through the rebel country to the Mediterranean seaboard is practically impossible. In the desert, where no man can hide from the hovering helicopter, there is no trouble from the rebel fellagha, but the wild Atlas Mountains, which bar all routes northward from the oilfield, shelter some of the toughest Moslem rebel gangs. On the final 150-mile stretch of the railroad from Oran there have been continuous attacks by rebels for a year. In one night...
...boreholes in the Edjelé field (capacity 700 million bbl.), where the oil is only 1,350 ft. underground. The same applies to the huge natural-gas reservoir at Djebel Berga (2,000,000 cu. ft. a day) and vast storehouses of industrial metals in other areas of the Sahara (TIME, July 1). Plans for railroads and pipelines tapping these resources and bringing them to the sea have been drawn up, but they wait a settlement of the Algerian political problem...
Etienne Hirsch, head of the French government's modernization program, recently proposed that the Sahara oil be sold on the Mediterranean coast for francs and the profits used for development projects in North Africa. Coupled with French and foreign investment in the bursting new oilfields, the flow of new capital into North Africa would ensure rapid industrialization, dispose of many of the troubles now besetting the impoverished Moslem population. So the Sahara riches at once became a reason why some Frenchmen want to hang onto Algeria at all costs, and others want to reach a compromise with the Arabs...