Algeria | Egypt Oil & Gas - Part 6

SONATRACH Controls Hassi-Messaoud’s Gas Leak

Algeria’s state-owned company, SONATRACH, declared that it managed to control a natural gas leak quickly and successfully.

APICORP to Loan $250 M to Sonatrach

APICORP will loan Algeria’s Sonatrach a US$250 million worth of facilities.

Algeria, Guinea Sign MoU in Gas Sector

Chaher Boulakhras, President and CEO of the National Electricity and Gas Company of Algeria (Sonelgaz), and Juan Ondo Ndongo, General Manager of Equatorial Guinea’s National Gas Company (Sonagas) signed a memorand ...

Algeria’s Oil, Gas Exports Fall by 12.52%

Exports reached $25.28 billion in October 2019, down from $28.89 in 2018.

Sonatrach Renews Gas Contract with France’s Engie

The contract is medium to long term. However, no further details on the quantity of gas to be delivered to Engie were mentioned.

Algeria Approves New Energy Law

Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).

Libya’s NOC, Algeria’s Sonatrach Cooperate to Boost Production

Libya’s National Oil Corporation (NOC)’s Chairman, Mustafa Sanalla, met with Sonatrach’s Chairman and CEO, Rachid Hachichi, along with their respective delegations to discuss potential joint cooperation between th ...

Sonatrach Retains November Saharan Blend OSP

Algeria’s Sonatrach has kept the official selling price of its Saharan blend crude for November loadings the same as it was a month earlier.

Algeria Passes New Energy Law

Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector.

Sonatrach Discusses Partnership with Exxon Mobil

The announcement came a week after Sonatrach sat with Chevron Corp., to confer energy collaboration, as the energy producer said it seeks boosting its output and increasing its revenues.

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