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.
Sonatrach | Egypt Oil & Gas - Part 3
Sonatrach to Decrease Planned Investment by 50%
Algerian President Abdelmadjid Tebboune has demanded that state energy firm Sonatrach decrease their planned investment by 50% from $14 billion to $7 billion.
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 Signs a 3.7 B Deal
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.
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.
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).
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.
