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.
Sonatrach | Egypt Oil & Gas - Part 3
Sonatrach Signs MoU with Lukoil
Algerian State run Sonatrach has signed a memorandum of understanding (MOU) with Russia’s Lukoil for possible future production and exploration in Algeria.
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.
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 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.
