Barely recent weeks after the company announced major oil discoveryin the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert, Eni has disclosed that the  Chief  Executive Officer, Claudio Descalzi, has met in Algiers the Prime Minister Aymen Benabderrahmane and the Minister of Energy, Mohamed Arkab, to discuss the company’s current […]

WintershallDea and Sonatrach have expanded their Memorandum of Understanding, originally signed in August 2020. This is in continuation to explore new opportunities in Algeria in the field of gas production and low-carbon energy solutionsThe MOU now sets a basis for the company to consider new business opportunities in Algeria, not just in natural gas but […]

Eni and Sonatrach announce a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The concession is operated by a joint venture between Eni (49%), and Sonatrach (51%). Preliminary estimates of the size of the discovery are around 140 million barrels of […]

The Chief Executive Officer of Sonatrach, ToufikHakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and the Ambassador of Italy to Algiers Giovanni Pugliese, have signed  a new oil contract related to the onshore Berkine basin area, where Eni has been a […]

Equinor and Sonatrach have signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally.  The signing of the MoU strengthens the existing partnership between Equinor and Sonatrach. The MoU also includes cooperation within greenhouse gas emissions and carbon management, industrial safety management, implementation of technology […]

The Algerian government has recently examined two draft executive decrees defining the procedures for obtaining authorizations to construct structures for pipeline transportation of petroleum products, and a pipeline transportation system. This new development the countrys oil and gas sector , was done during its executive meeting chaired by Prime Minister Abdelaziz Djerad, According to a […]

This is another case that will cause huge financial damage to Algeria as it goes through one of its worst financial crises. This is the Petroceltic affair where the Algerian propagandist media concealed the truth from Algerians about a real mess that has just been caused by the CEO of Sonatrach, Toufik Hakkar. Explanations.  On April 15, […]

Algeria has commissioned the Kasdir-Beni-Saf gas pipeline extension project. The event was performed by the country’s Petroleum minister Mohamed Arkab who stated that the pipeline is likely to strengthen Algeria’s place in the field of marketing and increase natural gas exports to Europe. The expansion is carried out by expanding the compression station in Beni […]

Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila gas field in southeast Algeria. Sunny Hill Energy has invested hundreds of US$ millions in the project. Sonatrach has offered no compensation in relation to […]

The Algerian National Hydrocarbons Company SONATRACH and Shell International Trading and Shipping Company Limited on Thursday signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons, said a statement from SONATRACH. “SONATRACH and Shell International Trading and Shipping Company Limited signed a […]