Algeria | Egypt Oil & Gas - Part 15
Pertamina to Increase Stake in Algerian Oil Block
Indonesian state-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria’s Menzel Lejmat North (MLN) oil block.
Sonatrach Contracted Gas Equipment from JGC
Algerian state-run energy company Sonatrach awarded Japanese engineering group JGC’s subsidiary, JGC Algeria, S.p.A., a contract worth roughly $1.05bc ontract for natural gas production equipment.
Sonatrach Boosted Gas Exports to Italy
Algerian Sonatrach boosted natural gas sales to Italy by 140% in the first ten months of the year as Algeria looks to bolster energy exports after years of stagnation, with exports expecting to grow further with a ne ...
Iran to Abide by September Oil Production Cap Deal
Iran's Oil Minister, Bijan Zanganeh, said that the country was prepared to leave its oil production at levels that the Organization of the Petroleum Exporting Countries (OPEC) had agreed at its September meeting in A ...
OPEC’s Pre-Vienna Meeting Yielded No Results
OPEC experts met late November, ahead of their schedule meeting in Vienna to discuss means to global market stability. Yet, they ended the meeting without agreeing on concrete details of a planned reduction in oil ou ...
OPEC to Decide on Output Cut
OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria by the end of November.
Sonatrach Extended Contract for Oil Fields
Sonatrach and Spain's Cepsa signed an agreement to extend partnership contracts for the Rhourde El Krouf (RKF) and Ourhoud oil fields. PTTEP to Decide on Hassi Bir Rekaiz
PTT Exploration and Production Plc (PTTEP) declared that it is close to finalizing an investment decision towards the onshore Hassi Bir Rekaiz Project in eastern Algeria.
