Sonatrach Extended Contract for Oil Fields

• Wednesday, 23rd November 2016
• by Egypt Oil & Gas

The Algerian state-owned company Sonatrach and Spain’s Cepsa signed an agreement to extend partnership contracts for the Rhourde El Krouf (RKF) and Ourhoud oil fields. The contracts will be extended by 25 years ...

PTTEP to Decide on Hassi Bir Rekaiz

• Tuesday, 15th November 2016
• by Egypt Oil & Gas

PTT Exploration and Production Plc’s (PTTEP) Executive Vice President for Finance and Accounting, Pannalin Mahawongtikul, declared that PTTEP is close to finalizing an investment decision towards the onshore Has...

Algerian Gas Plant to Resume Output

• Monday, 14th November 2016
• by Egypt Oil & Gas

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 fac...

Saudi Arabia, Algeria Talked Output Freeze

• Sunday, 13th November 2016
• by Egypt Oil & Gas

The Saudi Energy Minister,Khaled Al Faleh, was in Algiers for talks with his Algerian counterpart, Nouredine Bouterfa, on the Organization of the Petroleum Exporting Countries (OPEC) policy and agreeing there should b...

Eni to Buy Algerian Gas

• Sunday, 13th November 2016
• by Egypt Oil & Gas

Italy’s Eni will continue to buy Algerian gas in 2017 with the same vein as its purchases for 2016, reported Platts. Eni’s CEO, Claudio Descalzi, said that the company discussed its expected volume purchases wit...

Sonatrach Boosted Oil Output, Exports

• Wednesday, 2nd November 2016
• by Egypt Oil & Gas

Sonatrach’s CEO, Amin Mazouzi, said that the company’s oil and gas exports have reached 89m tons during the first ten months of 2016, marking a 9% growth when compared to volumes form the same period during 2015. Addi...

Jereh to Boost Algerian Gas Output

• Sunday, 30th October 2016
• by Egypt Oil & Gas

The Jereh Group, 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, reported Trade ...

Algeria to Generate Renewable Power

• Wednesday, 26th October 2016
• by Egypt Oil & Gas

Algeria’s state-owned utility in charge of electricity and natural gas distribution, Sonelgaz Group’s CEO, Mustapha Guitouni, said that the company is developing a nationwide program aimed at producing 4,0...

Sonatrach, Maersk Signed Upstream MoU

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

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 proje...

Sonatrach Won Profit-Sharing Case

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

Algerian state owned oil consortium, Sonatrach has won a law suit against Spanish Repsol in the International Court of Arbitration over profit sharing. The Spanish company, together with other firms, had alleged that ...