Algeria | Egypt Oil & Gas - Part 17
Arabian Drilling to Buy Dalma Energy
Saudi Arabia's Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m.
Sonatrach Achieves 8% Exports Increase
Algeria's Sonatrach achieved an 8% increase for total oil exports in late August 2016, reaching 71.5m tons of oil equivalent. The group recorded a 43% boost for its year-to-date exports by pipeline during the same pe ...
Algeria’s Crude Flows at Hassi Bir Rekaiz field
Sonatrach reported new successful drilling results at the Hassi Bir Rekaiz project in the Berkine basin. Tests showed a crude oil flow rate of 2,406 b/d.
Algeria Expected to Push for Production Freeze
Algeria and other OPEC members are expected to push for a production freeze during an OPEC informal meeting scheduled for late September in Algiers.
Algeria’s New Economic Model to Counter Oil Revenues Slump
OPEC member Algeria adopted a new economic growth model, as part of the North African nation's efforts to diversify its economy, which has been dependent on hydrocarbons revenues.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years. Algeria’s Tiguentourine Gas Plant to Come Back Online
Algeria's Tiguentourine gas plant, located 1,600km south east of the capital city Algiers, will be put back in service, according to Director General of the gas complex. Algeria: Oil and Gas to Increase by 30% in 2020
Algeria’s Energy Minister, Noureddine Bouterfa, has said that Sonatrach expects a boost in its oil and gas production by 30% in 2020. 
