Sonatrach | Egypt Oil & Gas - Part 3
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, according to a press release. Under the deal,... Sonatrach Signs MoU with Lukoil
Algerian State run Sonatrach has signed a memorandum of understanding (MoU) with Russia’s Lukoil for possible future exploration and production (E&P) in Algeria, according to a press release. The MoU covers the re... 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, accord... 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, following a press release. Accord... 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, according to Reuters. Tebboune decreed on March 22 that th... Sonatrach, ENI Complete the BRN-MLE Pipeline
Sonatrach, Algeria’s national oil company, in collaboration with Italy’s Eni have completed the construction of the gas pipeline connecting Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin... Sonatrach Signs a 3.7 B Deal
Algeria’s national oil company, Sonatrach, signed a deal worth approximately $3.7 billion, which stipulates building a new oil refinery in the western Ouargla Province, according to Kuwait News Agency (KUNA). Sonatrac... 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, according to a press release. The leak occurred at a natural gas injector well, 30 kilometers ...
