Algeria: National Oil Company Enlists WorleyParsons’ Help to Boost Output

Algeria: National Oil Company Enlists WorleyParsons’ Help to Boost Output

By way of its “SH2030” plan, Algeria’s Sonatrach aspires to become the world’s fifth-largest national oil company (NOC) by the year 2030. Advertisements

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Algeria: Anadarko expresses willingness to renew its production contracts

Algeria: Anadarko expresses willingness to renew its production contracts

The US group Anadarko, the largest producer of crude oil among Sonatrach’s partners, expressed willingness to renew its production contracts in Algeria and reinforce its activity there, a senior official from Sonatrach told APS.

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Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Africa Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal

Algeria’s Sonatrach has signed a $1 billion contract with India’s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach’s CEO said on Monday.

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Africa Oil & Gas: Algeria cut oil output by 25,000 bpd as part of OPEC+ deal

Africa Oil & Gas: Algeria cut oil output by 25,000 bpd as part of OPEC+ deal

Algeria has cut its oil production by around 24,000-25,000 barrels per day since Jan. 1 as part of the OPEC and non-OPEC agreement to reduce output, state-controlled news agency APS quoted an oil official as saying.

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Africa Mining: Algeria Signs $6 Billion Phosphate Expansion Deal

Africa Mining: Algeria Signs $6 Billion Phosphate Expansion Deal

Algeria has entered into a $6 billion phosphate JV deal with a Chinese firm to build a phosphate plant in Tebessa province. The JV deal is between Algeria’s state-run firm Sonatrach, Algerian firms Manal and Asmidal and Chinese state-owned consortium CITIC Group Corp.

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