Thursday 26 May 2016
 
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Algeria

Sonatrach opens bids on $1bn new project

Algeria's state energy company Sonatrach has launched a pre-qualification bidding round to choose firms that will build six compressor stations at an estimated total cost of $1 billion, according to a Sonatrach document. The p

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Blumberg Grain to sign wheat silos deal with Algeria in weeks

Blumberg Grain is looking to sign a deal within the coming weeks with Algeria's state grain agency OAIC to build high-tech wheat silos that can store up to 1 million tonnes of the grain. "We are looking to sign something

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Iran, Algeria sign deals for vehicle production

Iran and Algeria have signed a total of 19 memoranda of understanding (MoU) for the production of Iranian vehicles in the North African state, said a report. The agreements were signed during a recent ceremony attended by Iran'

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Algeria inks $206m oil deals with US firms

Algeria’s state-owned Sonatrach has awarded contracts worth $206 million to a number of US for oil drilling and other services, a report said. Schlumberger obtained a $75 million contract, while Weatherford received $11 mill

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Algeria's Sonatrach awards $180m in oil service contracts

Algerian state energy company Sonatrach has awarded US oil service firms Schlumberger and Weatherford contracts for cementing and pumping services, a Sonatrach document said.   Schlumberger was awarded a $75 mill

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Apicorp completes financing for facility in Algeria

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, announced the completion of an innovative Sharia-compliant financing facility for Oil Recovery Services SAL (ORSsal) in Algeria. The financing

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Apicorp completes financing for facility in Algeria

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, announced the completion of an innovative Sharia-compliant financing facility for Oil Recovery Services SAL (ORSsal) in Algeria. The financing

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Algeria GDP grew 3.9pc in 2015

Algeria's economy grew by 3.9 percent in 2015, up from 3.8 percent the previous year, boosted by higher output in agricultural sector, the government said. Last year's growth was slightly higher than the 3.8 percent govern

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Alstom JV to produce regional, inter-city train in Algeria

Alstom, a world leader in integrated railway systems, has entered into an agreement to extend the activities of its Algerian joint venture to produce Coradia regional and intercity trains for the local market. The frame agreement

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Algeria's energy output dips 1.3pc in 2015, sales flat

Algeria's energy export volumes stagnated in 2015, held back by lower output and a rise in domestic consumption, official data seen by Reuters showed.   Total energy sales reached 100 million tonnes

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