Algeria | Egypt Oil & Gas - Part 20

Algeria’s Sonatrach Signs Deal with Japanese JGC Corporation

Sonatrach group inked a study, supply, construction and commissioning contract with the Japanese company JGC Corporation and JGC Algeria Spa. The planned revamping projects will enable the group to avoid a daily gas ...

Algeria Sees Surge in Gas Exports to Europe in Q2

Algeria has seen an unexpected surge in pipeline gas exports to Italy and Spain at the start of Q2 of 2016.

Petroceltic Drilled First out of 24 Gas Wells in Algeria

The Dublin-based Petroceltic International had successfully drilled the first of 24 new development wells on its Ain Tsila gas and condensate field in Algeria.

BP, Statoil Withdraw Staff from Algerian Plants After Attack

British BP and the Norwegian oil company, Statoil, have temporarily removed their staff from two natural gas facilities in Algeria - Salah Gas and In Amenas - after al-Qaeda-linked militants attacked the former.

Al-Qaeda’s North African Branch Claims Attack on Algerian Gas Plant

Al Qaeda in the Islamic Maghreb has claimed responsibility for a recent rocket-propelled grenade attack on an Algerian gas plant operated by Norway's Statoil, UK's BP and Algerian state-run gas company Sonatrach.

EMC Signs Maintenance Contracts in Oman, Algeria, Angola

The Egyptian Maintenance Company (EMC) has managed to sign contracts for the maintenance of oil and electricity projects in Oman, Algeria, and Angola for the first time and to increase its activities in Iraq, Mohamme ...

Algeria’s Sonatrach Awards $880m Drilling Tubes Deals

Algeria's state energy firm Sonatrach has awarded an $880m contract to four foreign firms for a supply of oil and gas drilling tubes. The four companies are Germany's CCC Machinery, Dutch firm Van Leeuwen, Japan's Ma ...

Algeria’s Sonatrach to Invest $3.2b to Increase Pipeline Capacity

Algerian energy company Sonatrach will invest $3.2b over four years, including $530m in 2016, to increase pipeline capacity as natural gas output rises from new and existing fields.

Algeria to Issue Local Debt to Offset Global Oil Price Drop

Algeria plans to issue local-currency debt as a source of financing to offset the collapse in world oil prices, which halved government's energy revenues last year.

Algeria’s President Calls For Increase in Gas Production

Algeria’s President Abdelaziz Bouteflika has called for a renewed push to increase gas production in a bid to repair state finances. However, it will take efforts to reverse the trajectory of a sector that fell into ...

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