Algeria | Egypt Oil & Gas - Part 16
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 ...
Sonatrach Won Profit-Sharing Case
Sonatrach has won a law suit against Spanish Repsol in the International Court of Arbitration over profit sharing.
Algeria to Export Gas to Jordan
Algeria is presenting a bid for the supply of liquefied natural gas (LNG) to Jordan to cover part of its needs
Eni to Build Solar Plant in Sinai
Italian Eni agrees on investing in Egypt's renewable energy through the construction of several renewable energy projects.
