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Eni, Algeria’s Sonatrach Sign Sustainability, Energy Security Agreements
Eni and Sonatrach will explore the reduction of emissions, energy efficiency initiatives, renewable energy developments and other ways to create a sustainable energy transition.
E&P Highlights (Nov. 14, 2022): New Eni Startup; Suriname Bid Round
Here’s a roundup of the latest E&P headlines, including a new startup and bid round from the past week in the upstream oil and gas industry.
Sonatrach, Eni Start Production at Berkine Gas Fields in Algeria
The new gas volumes in Berkine South, which are added to the Berkine North contract and other operated regional activities in Algeria, “will help satisfy the demands of the European market,” Italy’s Eni said.
Eni, Sonatrach Unveil Several Discoveries in Algeria Desert
Eni said the Rhourde Oulad Djemaa Ouest-1 discovery is part of the new exploration campaign which will include the drilling of five wells in the Berkine North onshore basin in Algera.
Algerian Gas Discovery Boosts Reserves, Sonatrach Says
A new discovery in the Hassi Rmel gas field in Algeria will grow the country's already increasing role as a key gas supplier for Italy, Spain and other southern European countries, according to Sonatrach.
Eni, Sonatrach Agree to Accelerate Gas and Decarbonization Projects in Algeria
Per the deal, the companies will evaluate “the gas potential and opportunities for accelerated development at specific fields already discovered by Sonatrach in Algeria,” Eni said in a statement.
Algeria’s Sonatrach, Equinor Sign E&P Deal
The document also includes a partnership on new technologies and environmental protection, according to a statement.
Algeria’s Sonatrach, Eni Sign MOU to Boost Partnership
The memorandum “aims to draw a roadmap that defines the steps to be followed in order to conclude one or more contracts ... under the new legal framework,” Sonatrach said in a statement.
Sonatrach, Total Extend LNG Supply Deal
Algerian state energy company Sonatrach signed a deal June 25 with France’s Total to extend its supply of 2 million tonnes a year of LNG to the French market for another three years, Sonatrach said.
Algeria Plans To Block Sale Of Assets To Total
The country’s energy minister said the deal was "incompatible" with Algerian legislation.
Hundreds Of Algerians Protest Against Proposed Energy Law
Hundreds of Algerians protested in front of parliament on Oct. 13 against proposed changes to the energy law that they say the caretaker government has no right to pass.
Algeria Discovers New Gas Field In Southwest
Algeria has made an important gas discovery in the southwest province of Tindouf, Energy Minister Mohamed Arkab said on Monday.
Algerian State Energy Company Sonatrach’s CEO Sacked
Algeria’s interim president has sacked Abdelmoumene Ould Kaddour as the CEO of state energy company Sonatrach, state TV said on April 23, creating uncertainty for investors who had started to return to the oil and gas producer.
Sonatrach Hires ADES Rig Pair
ADES International Holding Plc said April 12 it has secured two new contracts for its onshore rigs ADES 2 and ADES 3 in Algeria with Groupement Sonatrach AGIP.
Algeria Amends Hydrocarbon Law To Attract Foreign Investors
The first circulated draft of the much anticipated hydrocarbon law in Algeria, has shown that the government has loosen up the law in a move that aims to attract more foreign investors to the energy sector in Algeria. The question is, will it be passed amid contentious political transition?