Oxy scraps Algerian sale to Total
Occidental Petroleum will continue to hold its Algerian assets following its inability to conclude the sale of them to Total.
Sonatrach
Lukoil signs Sonatrach MoU
Algeria’s Sonatrach has signed a memorandum of understanding (MoU) with Russia’s Lukoil, following a number of similar agreements.
Eni pays out to SEC for Saipem case
Eni has reached a deal with the US Securities and Exchange Commission (SEC) to pay a fine to resolve sham payments in Algeria by Saipem.
ExxonMobil signs deal with Sonatrach
Sonatrach has signed a memorandum of understanding (MoU) with ExxonMobil, shortly after similar agreements were reached with Zarubezhneft and TPAO.
Sonatrach signs Zarubezhneft, TPAO deals
Sonatrach has signed early-stage agreements with Russia’s Zarubezhneft and Turkey’s TPAO.
Sonatrach starts GR7 fill
Sonatrach began filling the GR7 pipeline with gas on April 2, connecting new supplies to Hassi R’mel.
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.
African states scramble for coronavirus response
Coronavirus has begun to spread in Africa, triggering governments to impose lockdowns and take steps to tackle the pandemic.
Sonatrach, Chevron sign MoU
Sonatrach has signed a memorandum of understanding (MoU) with Chevron, the Algerian company said.
Eni, Sonatrach sign gas deal
Sonatrach and Eni Algeria Production have signed an agreement on the marketing of dry gas from the Zemoul El Kbar licence, until 2042.
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.
Algeria goes to the polls
Algeria goes to the polls today in a widely disputed election that aims to move the country on from its political quagmire, although this seems unlikely.
Sonatrach swaps out head
Sonatrach’s new head was installed on November 17, with Kamel Eddine Chikhi replacing Rachid Hachichi at the top of the Algerian energy company.
Algerian reform efforts trigger protests
Algeria’s cabinet has approved proposed changes to the country’s hydrocarbon law.
Neptune Energy exports first gas from Touat project
Neptune Energy has announced the export of first gas from the Touat development in Algeria.
Wars, coups, whatever. Nothing stops Europe’s No. 3 gas supplier
Arab Spring-style protests have rocked Europe’s third-biggest natural gas supplier. Thousands of young Algerians have taken to the streets, fed up with an octogenarian president who’s been in power for 20 years and a weak economy that doesn’t generate enough jobs. While the rare public display of dissatisfaction has sparked a political crisis in the authoritarian state, the country’s energy exports haven’t been disrupted.
First gas pumped into Touat plant
First gas has entered the facilities for Neptune Energy and Sonatrach's Touat project in Algeria as part of the commissioning stage.
Former Saipem bosses convicted of ‘international corruption’
Former bosses at Italian oil giant Saipem were convicted of international corruption by the Court of Milan last night.
Petrofac wins £543m Algerian project
Oil services firm Petrofac has announced today that it has agreed a £543 million deal with Sonatrach for the Tinhert field development project in Algeria.
Chevron and Exxon courted by fracking firm Sonatrach
Algeria’s energy industry is open for business.
Total, Sonatrach strike 25-year extension deal on Algerian gas field
A new extension deal has been struck by partners Total, Sonatrach and Repsol to extend the drilling and development of the Tin Fouyé Tabankort (TFT) gas and condensate field in Algeria.
Total announces first gas from Timimoun field
French oil firm Total has today announced first gas from its Timimoun field in south-western Algeria.
Court ruling stings Saipem for $135m
Italian oil service company Saipem said today that it had been ordered to pay Algerian firm Sonatrach $135million in compensation in connection with a construction project.
Total, Sonatrach bury the hatchet with new pact
French oil major Total has agreed a pact with Algeria’s state energy company.
Algeria’s Sonatrach to boost output 20% with new projects
Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years as new projects start up, Salah Mekmouche, the company’s vice president of exploration and production, said.