Algeria | Egypt Oil & Gas - Part 11
Total, Cespa, Sonatrach Begin Algerian Gas Production
Total, Algerian state-owned Sonatrach, and Cespa have started production from the Timimoun natural gas project in Wilaya de Adrar in southwestern Algeria, Energy Business Review reported. The project has a maximum cap...
Four Oil Majors Interested in Agreement with Algerian Sonatrach
Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country, Reuters reported. Sonatrach has launched seismic studies ...
Algeria Proposes Energy Tax Reforms to Increase Investment
Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves, Reuters reported. Growing domes...
Algeria Looks to Purchase Refinery Abroad
Algerian state-owned Sonatrach intends to purchase a refinery abroad as a part of its plan to develop its own resources, Algeria Press Service reported. “The project will make it possible for us to make huge sav...
Egypt, Algeria Discuss Petroleum Cooperation
The Egyptian Minister of Petroleum and Mineral Resources, Tarek el Molla, discussed cooperation in projects with the Algerian Minister of Energy, Mustapha Guitouni, during a meeting attended by Algerian ambassador to ...
Vitol to Refine Algerian Oil
Algeria’s state-owned Sonatrach signed a deal with Vitol Group to send Algerian crude oil to be refined in Italy. The refined petroleum products will then be sent back to Algeria in order to decrease the country’...
Algeria, Libya to Co-Manage Oil Fields on Borders
Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders, Middle East Monitor reported. The joint ...
Algeria’s Sonatrach Considers Investing in Iraq’s Oil, Gas
Algerian state-owned energy firm Sonatrach is considering possible investments in oil exploration and natural gas projects in Iraq, Iraqi Oil Ministry announced on January 7th, Reuters reported. An Algerian delegation...
