Sonatrach | Egypt Oil & Gas - Part 4
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), Zawya reported. The new law’s legislation still needs approval by t...
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 eariler, Zaywa reported. The company stated on October 22 that its Saharan blend crud...
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, Bloomberg reported. Mustapha Hanifi, Head of the Energy Ministry’s hydrocarbon department, said ah... Sonatrach Discusses Partnership with Exxon Mobil
Algeria’s state-owned Sonatrach discussed future partnerships with Exxon Mobil, a Sonatrach statement said on Monday, Reuters reported. The announcement came a week after Sonatrach sat with Chevron Corp., to confer en...
Sonatrach, Chevron Discuss Cooperation in Algeria
Sonatrach and Chevron Corporation are reportedly discussing possible partnerships, Reuters reported. The Algerian company wants to develop partnerships with foreign oil companies to boost output and exports. Meanwhile...
First Gas Announced in Algeria’s Touat
Neptune Energy and Sonatrach announced first gas export production from the Touat gas development in Algeria, according to a company statement. Touat is expected to produce around 75,000 barrels of oil equivalent per ...
Enel, Sonatrach to Extend Gas Supply Deal
Italy’s Enel has reached an agreement with Algeria’s Sonatrach to extend the natural gas supply contract, Reuters reported. The two companies has agreed on extending the deal for eight years, with the possibility of a...
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... 
