Sonatrach | Egypt Oil & Gas - Part 6

Algeria Awards $248M EPC Contract to Maire Tecnimont

Italian Maire Tecnimont has been provisionally awarded an engineering, procurement, and construction (EPC) contract worth $248 million by Algerian national oil company Sonatrach to build a liquefied petroleum gas (LPG...

Algeria Pens Gas Supply Deals with Spain, Italy

Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni, Reuters reported. Algeria will supply 9 billion cubic meters of gas per year to Spain for nine years. Italy’s Eni will receiv...

Algeria’s Sonatrach Gets Management Overhaul

Algeria’s Sonatrach has changed its senior leadership personnel in a bid to retain skilled workers within the state-run firm, Reuters reported. Algerian President Abdelaziz Bouteflika appointed US-trained Abdelm...

Gas Natural Fenosa Extends Sonatrach Gas Deal to 2030

Spain’s Gas Natural Fenosa has signed an agreement with Algeria’s Sonatrach that will extend their gas purchase contracts until 2030, Pipeline Oil and Gas Magazine reported. The Sonatrach agreement accounts for more t...

Total Signs 25-Year Algeria Gas Field Concession Extension

Total has signed a concession agreement with Algerian state-owned Sonatrach, Repsol, and Alnaft for a 25-year licence extension for the Tin Fouye Tabankort (TFT) gas and condensate field, Reuters reported. The agreeme...

Sonatrach Meets with Russian Oil Firm to Discuss Pipeline Improvements

Algerian national oil company Sonatrach attended a meeting held by Russian oil transportation company Transneft Diascan to discuss improvements to Algeria’s oil infrastructure, according to Hydrocarbon Engineering. Th...

Sonatrach Expands its Petrochemical Ventures

Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country’s fuel imports and boosting revenue, Reuters reporte...

Total, Cespa, Sonatrach Begin Algerian Gas Production

Total, Algerian state-owned Sonatrach, and Cespa have started production from the Timimoun natural gas project in Wilaya de Adrar in southwestern Algeria, Energy Business Review reported. The project has a maximum cap...

Four Oil Majors Interested in Agreement with Algerian Sonatrach

Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling in the North African country, Reuters reported. Sonatrach has launched seismic studies ...

Algeria Proposes Energy Tax Reforms to Increase Investment

Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves, Reuters reported. Growing domes...

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