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.
Read More
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.
Read More
Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s CEO said on Monday.
Read More
Algeria’s Sonatrach and France’s Total have signed two agreements continuing its partnership agreed last year.
Read More
The head of Algerian State oil firm Sonatrach has assembled a new leadership team, a senior company source said, aiming to reverse a flow of talent from an unwieldy state enterprise that keeps the country afloat.
Read MoreSonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this year to buy its first overseas refinery, its chief executive told Reuters.
Read MoreItalian energy giant Eni and Algerian state-owned Sonatrach are aiming to create a natural gas hub in the Berkine basin area.
Read MoreThe process of revising Algeria’s hydrocarbons law is “very complex, given the large number of those involved,” said state producer Sonatrach’s CEO Abdelmoumen Ould Kaddour June 4.
Read MoreAlgerian state energy firm Sonatrach will invest $250 million to boost output at the Tinhert gas field to 20 million cubic metres (mcm) per day by 2020 up from 5 million cubic metres, its CEO said on Monday.
Read MoreALGIERS, Dec 20 (Reuters) – Algerian state-owned energy company Sonatrach has signed an agreement with BP and Statoil to produce an additional 11 billion cubic metres (bcm) of natural gas from its Tiguentourine gas field, Sonatrach’s CEO said on Wednesday.
Read More
You must be logged in to post a comment.