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.
Algeria | Egypt Oil & Gas - Part 4
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American oil company, Occidental Petroleum Corporation, has withdrawn its year-long standing offer to sell Algerian oil and gas fields to raise capital for debt payments.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.
Total Not to Acquire Anadarko Algeria Assets
French energy major, Total, has been informed by Occidental that it cannot acquire oil and gas assets in Algeria.
Sonatrach Signs MoU with Lukoil
Algerian State run Sonatrach has signed a memorandum of understanding (MOU) with Russia’s Lukoil for possible future production and exploration in Algeria.
Algeria’s Proven Oil Reserves at 10 Billion Barrels
Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.
Algeria Unaffected by Fall in Oil Prices
Algerian Minister of Energy, Mohamed Arkab, said that Algeria has the means and resources necessary to overcome the world oil crisis and that the recent fall in oil prices has not impacted Sonatrach’s activity.
Algeria’s Sonatrach signs MoU with ExxonMobil
Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.
