Algeria | Egypt Oil & Gas - Part 18
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, Ecofin Agency Oil and Gas reported. ADC is inter...
Sonatrach Achieves 8% Exports Increase
Algeria’s Sonatrach, a government-owned company formed to exploit hydrocarbon resources, achieved an 8% increase for total oil exports in late August 2016, reaching 71.5m tons of oil equivalent, compared with t...
Algeria’s Crude Flows at Hassi Bir Rekaiz field
Algeria’s National Company for Exploration, Production, Transport and Commercialization of Hydrocarbons, Sonatrach, reported new successful drilling results with partners Thailand’s PTT Exploration and Pr...
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, The North Africa Post reported. The President of the Organization of...
Algeria’s New Economic Model to Counter Oil Revenues Slump
OPEC member Algeria adopted a new economic growth model, which is to boost national revenue and decrease dependence on energy exports over the next four year, as part of the North African nation’s efforts to div...
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. The LNG supplying cont... 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, Kamel Aouaes. The plant, which is operate... 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, reported Natural Gas Europe. Bouterfa stated, according to Bernama, that “eff... 
