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Algeria

Edison Announces Sale of Stake In Reggane NORD, Algeria

Edison has announced that, following the approval by the Algerian authorities – with a decree published in the official gazette on October 12, 2023 – of the agreements signed on May 4 and June 29, 2022, it has completed the sale of its 11.25% stake in the Reggane Nord licence, in Algeria, to Repsol (6.75%) […]

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Eni, Algeria Consolidate On Path To Decarbonization, LNG Export To Europe

The CEO of Eni Claudio Descalzi has met the Minister of Energy and Mines of Algeria, Mohamed Arkab, and the newly appointed CEO of SONATRACH, Rachid Hachichi, in Algiers, to discuss gas production and export, investments in the country and energy transition initiatives. Eni and SONATRACH shared the joint programs for the development of Eni’s operated gas […]

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Eni Acquires BP’s Operating Two Major Gas Fields In Algeria

Eni has announced the closing deal for the acquisition of BP business in Algeria, regarding the two gas-producing concessions “In Amenas” and “In Salah”, which are jointly operated with Sonatrach and Equinor. The transaction has been approved by the competent national and antitrust authorities. Eni has been present in Algeria since 1981. Following this operation […]

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Snam Seals Acquisition Deal With Eni On Algeria -Italy Pipelines Project

Snam has sealed acquisition deal of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. More specifically, the scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to the Tunisian coast (TTPC), […]

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Petronas, Sonatrach Resumes Production At Tinrhert Field In Algeria

Petrofac reports that their client, Sonatrach, has announced the completion of production start-up of the Tinrhert to Ohanet gas field in Algeria. Petrofac’s scope of work has included a new inlet separation and compression centre, extending the existing Central Processing Facility which we were involved in delivering in 2002. The commissioning completion of the surface […]

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Eni’s HDLE/HDLS Oilfield Starts Production In The Berkine Basin Onshore Algeria

Eni has announced the start-up of the HDLE/HDLS oil field, in Zemlet el Arbi concession in the Berkine North Basin, onshore Algeria, only six months after its discovery in March. HDLE/HDLS is currently producing 10,000 barrels of oil per day (bod). Production ramp up will be achieved through an accelerated development plan which envisages the […]

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Algerian New Hydrocarbon Law, Sets in Berkine First Gas Field

The Eni’s recent resumption of production from two gas fields is regards to the Berkine Sud contract in Algeria, just 6 months after the contract was awarded through an accelerated development (fast track) is a testament of the new hydrocarbon reform. The production of the Berkine South, which is the first contract to be signed […]

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Petrofac, GCB Win Sonatrach’s Offshore EPC Project In Algeria

Petrofac, leading a consortium with Genie Civil et Batiment (GCB), has received notification of a provisional award for an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria. The contract is valued at approximately US$300 million, with Petrofac’s share around US$200 million. Located in Alrar, around 1,500 kilometres southeast […]

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Algeria To Increase European Gas, Via Eni-BP New Gas Deal

Eni announced that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions “In Amenas” and “In Salah” (45.89% and 33.15% working interest respectively). The “In Amenas” and “In Salah” assets, which are jointly operated with Sonatrach and Equinor, are located in the Southern Sahara and their production of gas and […]

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Eni Serial Discoveries in the Berkine North onshore basin, Algeria

Eni and SONATRACH announce today a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the Sif Fatima II research perimeter, is the third well in the exploration drilling campaign. It led to a discovery of oil and […]

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