Algeria | Egypt Oil & Gas - Part 15
Sonatrach, Botas to Partner on Hydrocarbon Exploration
Algeria’s Sonatrach and Turkey-based hydrocarbon transport company, Botas, have signed an agreement to support the exploration of partnership opportunities in fields of common interest in the hydrocarbon chain i...
Sonatrach to Boost Output with New Wells
Algerian Sonatrach’s Head, Khelil Kortobi , said that the company drill 290 wells in 2017 in comparison with 265 in 2016, with 190 will be for production and 100 for exploration, Energy World reported. Furthermore, th...
Sonatrach Signed Refinery Studies Deals
Algerian oil and gas company Sonatrach signed contracts worth $26m with Spanish firm Tecnicas Reunidas and UK Amec Foster Wheeler to undertake studies for two new refinery processing plants, AMEinfo reported. Accordin...
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, Deal Street Asia reported. The company is in negotiations to take over... 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, Nikkei Assian Revie...
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 new...
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...
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 out...
