SONATRACH Affirms its Support for Reforestation Programs
SONATRACH Company reaffirmed its support for the reforestation and forest protection program.
Algeria | Egypt Oil & Gas - Part 3
Egypt Participates in OAPEC Meeting
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has participated in the Organization of Arab Petroleum Exporting Company (OAPEC) virtual meeting via video conference launched from Kuwait.
OPEC Mulls Deeper Output Cuts in 2021
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are looking into the possibility of further cuts early next year in an effort to try and revitalize the oil market.
Sonatrach, Naturgy Sign New Gas Contracts
Algeria’s state-run oil and gas company, Sonatrach, has signed gas contracts with the Spanish gas company, Naturgy.
UAE, Algeria Committed to OPEC+ Deal
The United Arab Emirates (UAE) has reaffirmed its commitment to the Organization of Petroleum Countries and its allies (OPEC+) output deal despite rising domestic needs.
Sonatrach Signs $520 MM Worth of Contracts
Algerian national oil company, Sonatrach, has signed a multitude of oil and gas contracts with local companies totaling in the region of $24.3 billion.
Occidental Petroleum Rescinds Offer to Sell Algerian Assets
American oil company, Occidental Petroleum Corporation, has withdrawn its year-long standing offer to sell Algerian oil and gas fields to raise capital for debt payments.
Algeria to Resume LNG Production from Skikda Plant
Algeria’s state-run oil company, Sonatrach, has resumed liquified natural gas (LNG)) production from its Skikda plant after the completion of maintenance works.
Sonatrach Signs $400 MM Contract with Maire Tecnimont
Algerian State-run oil company, Sonatrach, and Italy’s Maire Tecnimont have signed an Engineering, Procurement & Construction (EPC) contract worth $400 million for the completion of the Bir Seba Phase II and Mouia ...
Sonatrach Becomes Main Shareholder in the Medgaz Pipeline
Algeria's State run oil company, Sonatrach, has become the main shareholder in the Medgaz pipeline after the acquisition of a further 19.1% stake from Spain’s Cepsa.
