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 […]

Eni has signed with SONATRACH, Oxy and TotalEnergies a new PSC for blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s. The contract, signed under Algeria’s new hydrocarbon law of 2019, will allow the partners […]

In the presence of the Algerian President Abdelmadjid Tebboune and the Italian Prime Minister Mario Draghi, the President of Sonatrach, Toufik Hakkar, and the CEO of Eni, Claudio Descalzi signed today in Algiers an agreement that will allow Eni to increase the quantities of gas imported through the TransMed / Enrico Mattei pipeline under the […]

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, […]