Middle East / Africa
Country summary: Algeria
energy-pedia opportunities - Algeria:
| Current deals: | 0 |
| Licensing articles: | 33 |
| Completed deals: | 19 |
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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.
Algeria - recent news
| 08 Apr 24 |
Algeria: TotalEnergies expands its partnership with SONATRACH in Timimoun region and in the marketing of LNG TotalEnergies and SONATRACH have signed a Memorandum of Understanding with the aim of concluding a hydrocarbon contract in the north-east Timimoun region. The MoU outlines a work program for the appraisal and development of gas resources in the North-East Timimoun region, in synergy with existing processing facilities for production from the Timimoun field, to reduce costs and emissions. |
| 16 Oct 23 |
Algeria: Edison completes the sale of its stake in the Reggane Nord licence in Algeria to Repsol and Wintershall Dea Edison has announced that, following the approval by the Algerian authorities of the agreements signed on May 4 and June 29, 2022, it has completed the sale of its 11.25% stake in the Reggane Nord licence, in Algeria, to Repsol (6.75%) and Wintershall Dea (4.50%). The Reggane Nord field produces gas entirely sold to Sonatrach on a long-term basis. |
| 12 Oct 23 |
Algeria: Eni meets with SONATRACH to discuss gas production and export, investments in the country and energy transition initiatives Eni met the Minister of Energy and Mines of Algeria, Mohamed Arkab, and the newly appointed CEO of SONATRACH, Rachid Hachichi, in Algiers to discuss gas production and export, investments in the country and energy transition initiatives. Eni and SONATRACH shared the joint programs for the development of Eni’s operated gas production, as well as gas and LNG export to Europe. |
| 10 Jul 23 |
Algeria: TotalEnergies strengthens its gas partnership with Sonatrach and extends it to renewables TotalEnergies and Sonatrach have signed a series of agreements to strengthen the cooperation between the two companies in the production of natural gas, the delivery of liquefied natural gas (LNG) to Europe, and the development of renewables in Algeria. |
| 12 Jun 23 |
Algeria: Petrofac confirms signing of US$1.5 billion EPC contract in Algeria Petrofac confirms it has entered into a definitive agreement with STEP Polymers SPA (a 100% subsidiary of Sonatrach) for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria. As previously announced, Petrofac will deliver the US$1.5 billion project with its joint venture partner China Huanqiu Contracting & Engineering Corporation (HQC), with Petrofac’s share valued at over US$1 billion. |
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