Algeria | Egypt Oil & Gas - Part 15
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.
Algerian Gas Plant to Resume Output
The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the fa ...
Saudi Arabia, Algeria Talked Output Freeze
The Saudi Energy Minister was in Algiers for talks with his Algerian counterpart on the Organization of the Petroleum Exporting Countries (OPEC) policy and agreeing there should be a new date for technical committee ...
Eni to Buy Algerian Gas
Italy’s Eni will continue to buy Algerian gas in 2017 with the same vein as its purchases for 2016. Eni's CEO, Claudio Descalzi, said that the company discussed its expected volume purchases with Sonatrach every year. Sonatrach Boosted Oil Output, Exports
Sonatrach exported 89m tons of oil and gas during the first ten months of 2016. Furthermore, oil production had increased by 80,000b/d during the third quarter of the year, with the company making 28 hydrocarbon disc ...
Jereh to Boost Algerian Gas Output
The Jereh Group, which is a Chinese oil field services company and manufacturer of oilfield equipment, has announced that five sets of its 1253kW gas engine-driven compressor units have been shipped to Algeria.
Algeria to Generate Renewable Power
Sonelgaz Group is developing a nationwide program aimed at producing 4,000MW of electricity from renewable energies such as solar and windmill. Sonatrach, Maersk Signed Upstream MoU
The Algerian sate owned company, Sonatrach, signed a memorandum of understanding (MoU) with Danish Maersk to establish a framework suitable for prospecting new opportunities between the two companies in upstream proj ...
