Algeria | Egypt Oil & Gas - Part 3
Sonatrach Inks Agreement with Eni for Developing Natural Gas Production
Sonatrach announced that it has signed an agreement with Eni to boost the development of natural gas production projects through joint efforts and to increase the volume of gas exports using the available capacities o...
Eni, Sonatrach Make New Discovery in Zemlet el Arbi Concession
Eni and Sonatrach announced that they have made a landmark oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert, Eni said in a press release. Eni...
Eni, Snam Form Gas Pipeline Partnership
Eni announced that it has signed an agreement to sell Snam a 49.9% stake in the companies that operate the two natural gas pipelines connecting Algeria to Italy, TTPC and TMPC According to the agreement, Eni will cont...
Alegria Plans to Boost Oil& Gas Investments by $2.6 billion in 2022
The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022, Reuters reported. He ...
Eni, Sonatrach cooperate to Produce Hydrogen in Algeria
Algerian state-owned Sonatarch and Italian Eni are teaming together to produce green hydrogen, as a part of their efforts to reduce their carbon emissions, Reuters reported. The two companies also plan to establish a ...
Sonatrach, Equinor Signs MoU for E&P in Algeria
Sontarach company announced the signature of a Memorandum of Understanding (MoU) with its Norwegian partner Equinor company to find cooperation opportunities in the fields of exploration and production (E&P) of hy...
Sonatrach’s Refinery Operations Jump 7.4% in 2020
Sonatrach company announced that it has recorded an increase in its refinery operations by 7.4% during 2020, reaching 29.1 million tons compared to 27.2 million tons in 2019, a statement issued by the company reported...
Algeria’s Gas Exports to Spain Jumps to 9.6 bcf in 2020
Algeria’s natural gas exports to Spain recorded 9.6 billion cubic feet (bcf) during 2020, representing 29% from the market stake to become the first supplier of natural gas for Spain, a statement issued by Sonatrach a...
