Middle East / Africa
Country summary: Algeria
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Algeria - recent news
|29 Oct 18
||Algeria: Eni and Total partner with Sonatrach for offshore exploration in Algeria
Eni, Sonatrach and Total have signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province. The agreements were signed during the Algeria Future Energy Summit in Algiers.
|29 Oct 18
||Algeria: Eni further strengthens its presence in the Algerian North Berkine basin
Eni and Sonatrach have signed an agreement that will see Eni take a 49% stake in three oil concessions - Sif Fatima II, Zemlet El Arbi and Ourhoud II - in the onshore North Berkine basin, located in the Algerian desert.
|07 Oct 18
||Algeria: Total and Sonatrach strengthen their cooperation in natural gas and petrochemicals in Algeria
Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017. A new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit and a shareholder agreement to create a joint venture known as STEP.
|29 Aug 18
||Algeria: Petrofac awarded USD600 million project in Algeria
Petrofac has received a provisional letter of award for an engineering, procurement and construction (EPC) contract worth US$600 million with Sonatrach for EPC1 of the Tinhert Field Development Project in Algeria.
|18 Jul 18
||Algeria: Eni and SONATRACH strengthen cooperation in the gas sector in Algeria
Eni and Sonatrach have signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin and have agreed to begin a negotiation to look into extending the gas supply beyond the contractual deadline of 2019.
Algeria - more news