Algeria | Egypt Oil & Gas - Part 8

ADES Extends Algeria’s Onshore Rig Contract

ADES International signed a one-year extension contract for an Algerian onshore rig, Pipeline Oil and Gas Magazine reported. “We are particularly pleased with the extension for Rig 828 in Algeria which is a strong end...

Algeria to Decide on Total’s Anadarko Deal in Months

Algeria will not take its final decision regarding Total’s acquisition of Anadarko Petroleum assets in the North African country before months due to the political unrest, two Algerian industry sources told Reut...

Algeria Mulls Options for Total’s Anadarko Deal

The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise, according to Algeria’s Energy Minister Mohamed Arkab, Reuters reported. Occidental Petroleum ...

Sonatrach, Cepsa Award KBR Algerian Oilfield Redevelopment Contract

Algeria’s Sonatrach and Cepsa awarded KBR, a global provider of differentiated professional services, a contract to provide basic engineering design (BED) and front-end engineering design (FEED) for Rhoude el Krouf Fi...

Eni, Sonatrach Extend Gas Supply Contract

Eni and Algeria’s Sonatrach have inked agreements to renew the gas supply contract that is used to import Algerian natural gas to Italy until 2027, in addition to two optional years, the Italian company said in a stat...

Algeria’s Unrest not to Affect Oil, Gas Production

Algeria’s production level of oil and gas seems to be unaffected by the wave of political unrest that is taking over the country, an International Energy Agency (IEA) official said, Reuters reported. “There are as yet...

ExxonMobil, Algeria Delay Gas Field Development

ExxonMobil and Algeria’s national company, Sonatrach, hindered their discussion to develop Algeria’s natural gas field as a wave of unrest takes over the country, industry sources said, Reuters reported. The talks bet...

Sonatrach in Talks with Chevron for Hydrocarbon Investment Opportunities

Algerian Sonatrach began on March 10 negotiations with the US oil company Chevron to invest on hydrocarbon projects in Algeria, KUNA reported. After ExxonMobil, Sonatrach has shown interest to deal with Chevron, the s...

ADES Acquires Onshore Contracts in Algeria

ADES International completed acquiring four onshore rigs contracts from Weatherford in Algeria, Pipeline Oil and Gas Magazine reported. “We have now effectively completed the Weatherford acquisition, which is transfor...

Sonatrach’s Refinery Begins Maintenance

The Algerian Sonatrach’s Augusta refinery began its maintenance operations from February 21, Reuters reported. The maintenance work will continue for 45 days. The Algerian firm purchased the refinery from ExxonMobil d...

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