Search results for: Algeria

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A list of search results

  • 9 November 2010

    ALGESCO, a joint company between Sonatrach, Sonelgaz and GE recently celebrated the official opening of its new Service Center located in Boufarik, 35 kilometers from Algiers in Algeria. Covering approximately 18,300 sq. meters, the new facility is the largest GE Oil & Gas turbomachinery equipment service center in the world and represents a $36 million […]

  • 29 October 2018
    Business & Finance, Exploration & Production

    Italian oil company Eni, French Total, and  Algerian state-owned Sonatrach have signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province.

  • 30 December 2014
    Project & Tenders

    Egypt and Algeria have finalized the deal to import 750,000 cbm of LNG in six shipments scheduled for 2015.

  • 20 March 2017

    The state-owned Sonatrach named Abdelmoumen Ould Kadour as the company’s new chief executive officer.

  • 7 August 2008

    StatoilHydro has, together with its partner Sonatrach, made a fifth discovery in the Hassi Mouina licence in the Sahara desert in Algeria. The existence of gas was confirmed in exploration well TNKW-1 in the southern part of the licence. ”This is an interesting discovery and shows that there is a resource potential in the Hassi […]

  • 8 October 2018

    Algeria’s Sonatrach and France’s Total have signed two agreements continuing its partnership agreed in 2017. 

  • 18 March 2016

    (Updated with statements by Statoil, BP, 18.03. 2016) Norwegian energy giant Statoil said Friday that the Salah Gas asset in Krechba, Algeria was hit by “explosive munitions” fired from a distance. Statoil operates the In Salah dry gas fields together with BP and the Algerian state oil and gas company Sonatrach. “After the attack on […]

  • 22 June 2016
    Project & Tenders

    Eni’s CEO Claudio Descalzi renewed the company’s cooperation with Algeria’s Sonatrach during his meeting with Amine Mazouzi, chairman and CEO of the Algerian State Oil & Gas Company.

  • 29 July 2011

    Orizzonte Sistemi Navali, a joint venture between Fincantieri and Selex Sistemi Integrati, has been awarded a contract by the Ministry of Defence of the People’s Democratic Republic of Algeria to build a vessel for the Algerian Navy. Fincantieri made the announcement yesterday, but did not give any further details regarding the order. Fincantieri has built […]

  • 13 December 2016

    Italian energy firm Eni has signed a renegotiated gas deal with Algerian Sonatrach for the year 2016/2017. According to Eni, which buys natural gas from Algeria, the deal has been made for commercial terms in accordance with the relevant gas market. The company did not go into details on the terms of the agreement. The […]

  • 4 April 2017

    REN’s Sines LNG import terminal on Portugal’s Atlantic coast is scheduled to receive a cargo from Algeria during the weekend.

  • 4 December 2014

    Egypt will import six LNG cargoes from Algeria between April and September 2015.

  • 11 November 2014

    Abdelmalek Sellal, Algeria’s Prime Minister opened a new LNG plant in Arzew industrial zone on Monday.

  • 6 August 2008

    StatoilHydro and partner Sonatrach have made a fifth discovery in the Hassi Mouina license in the Sahara desert in Algeria. StatoilHydro has a 75% interest in Hassi Mouina with Sonatrach holding the remaining 25% stake in the license which was awarded in June 2004. “This is an interesting discovery and shows that there is a […]

  • 1 June 2020
    Business & Finance

    Oil and gas exploration firm Neptune Energy has appointed Mehdi Bouguetaia to take on the role of Algeria managing director. Bouguetaia joins Neptune from Shell where he was technical support and subsea operations general manager with Rashpetco JV in Egypt. An Algerian national, he started his career with Shell in Aberdeen, UK, as a process […]

  • 23 November 2016
    Business & Finance

    French container shipping giant CMA CGM and Algeria-based shipping company CNAN NORD Spa signed a cooperation agreement to develop shipping transportation in Algeria on November 8. The agreement focuses on 3 strategic axes, including operational cooperation for a common shipping line linking Northern Europe to the Algerian ports, operational and logistic cooperation between CMA CGM and CNAN NORD […]

  • 5 May 2014
    Business & Finance

     DP World Chairman HE Sultan Ahmed bin Sulayem has met with Algeria’s Minister of Transport HE Amar Ghoul to discuss DP World’s continued investment in Algeria. DP World was awarded the concession to operate the container terminal in the Port of Algiers, DP World Djazair, in 2008. DP World Djazair is a joint venture between […]

  • 3 February 2016

    Italian oil and gas contractor Saipem said on Tuesday it will appeal an Algerian court ruling ordering one of its units to pay a 34,000 euro ($37,100) fine for allegedly inflating bid prices for contracts associated with the GK3 gas pipeline. Sonatrach of Algeria awarded in 2009 the contract to Saipem Contracting Algérie, a Saipem unit, […]

  • 20 June 2013

    ABB, the leading power and automation technology group, has been awarded the engineering, procurement and construction (EPC) contract for a new liquefied petroleum gas (LPG) pumping station in the Hassi Messaoud District to increase the capacity of LR1 pipeline in Algeria. The contract was awarded by Sonatrach, Algeria’s oil and gas company, and is valued […]

  • 8 April 2012

    The Algerian Defence Ministry has sent a letter to the German manufacturer ThyssenKrupp Marine Systems (TKMS), in relation to the Contract No. 674/889, signed on March 26, 2012, confirming the purchase of two Meko A200 frigates. This purchase represents a part of modernization of Algerian naval forces’ potential. The contract is worth €2, 175, 520, […]

  • 17 October 2011

    Russian and Algerian shipbuilders and military experts determine specifications for corvettes which could be possibly built for Algerian Navy, said Roman Trotsenko, the president of United Shipbuilding Corporation (USC). “We have already set interagency commission for this issue. Concept design of the ship is being determined. Russian experts are working in Algeria now“, Trotsenko said. […]

  • 24 July 2012

    E.ON E&P and Sonatrach have made further oil and gas discoveries in the Rhourde Yacoub license area in Algeria. In cooperation with Sonatrach, the Algerian National Oil & Gas Company, E.ON E&P has successfully completed the drilling and testing of the 7th exploration well in block 405a and found oil and gas in the NEY-1 […]