Sonatrach signs off on Petrofac EPC work, progresses gas sales
Sonatrach has confirmed a major construction contract with Petrofac, while moving ahead on gas negotiations with European offtakers.
Hassi Messaoud
Gazprom launches El Assel work in Algeria
Sonatrach and Gazprom have launched a plan for a new gas development in Algeria’s Berkine Basin.
As revenues rise, Sonatrach considers expansion
Sonatrach is aiming to bring online additional throughput at the Medgaz export pipeline this month, while sketching out plans to return to exploration in Libya.
Sonatrach steps it up for 2021
Sonatrach will invest $40 billion over the next five years, of which 51% will be in dinars, the company’s CEO Toufik Hakkar has said.
Sonatrach’s OK1 link leaks
Sonatrach has reported two leaks on the OK1 pipeline, which links Hassi Messaoud to Skikda.
Sonatrach replaces OB1 pipeline
Sonatrach has begun using its R-OB1 oil pipeline, rehabilitating a previous link dating from 1959.
Sonatrach slashes spending plans
Sonatrach has confirmed it plans to cut its spending in 2020 by 50%, pushing back projects that are not urgent, the company’s CEO Toufik Hakkar told a local newspaper.
Tecnicas, Samsung sign on to Algerian refinery work
Algeria’s Sonatrach has signed an engineering, procurement and construction (EPC) contract with Tecnicas Reunidas and Samsung Engineering on a new refinery at Haoud El Hamra, in Hassi Messaoud.