Sonatrach, ENI Complete the BRN-MLE Pipeline
Sonatrach, Algeria’s national oil company, in collaboration with Italy’s Eni have completed the Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) pipeline in the Berkine Basin, Algeria.
Sonatrach, Algeria’s national oil company, in collaboration with Italy’s Eni have completed the Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) pipeline in the Berkine Basin, Algeria.
Sonatrach signed a deal with a consortium of Spain’s Tecnicas Reunidas and South Korea’s Samsung Engineering to build a new oil refinery in the western Ouargla Province.
Algeria’s state-owned company, SONATRACH, declared that it managed to control a natural gas leak quickly and successfully.
APICORP will loan Algeria’s Sonatrach a US$250 million worth of facilities.
The contract is medium to long term. However, no further details on the quantity of gas to be delivered to Engie were mentioned.
Algeria's house of parliament passed a new energy law to make its oil and gas investment more attractive to international oil companies (IOCs).
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’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector.
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.
Sonatrach and Chevron Corporation are reportedly discussing possible partnerships.