Algerian state energy company Sonatrach plans to intensify exploration by drilling 125 wells a year with a target of increasing production to 225 million tonnes of oil equivalent by 2019, it said.
The North Afr
Algeria's state energy company Sonatrach has replaced its chief Abdelhamid Zerguine with vice president for production Said Sahnoun, a senior Sonatrach source told Reuters on Saturday.
The source, who asked not to be identifie
Algerian state energy company Sonatrach plans to increase its investment to $80 billion over the next five years as the Opec member country seeks to expand its gas resource base and boost its refining and petrochemical capacity. &
Algerian state energy company Sonatrach is planning to invest $68 billion in the country's energy sector over the next four years, its chief executive said on Tuesday.
'We plan to invest $68 billion between now and 2016. This inclu
Algerian state-owned energy company Sonatrach has halted operations in Libya, Kuwait's Kuna news agency reported on Sunday, citing Algeria's energy minister.
Youcef Yousfi said Sonatrach's operations had stopped completel
Algeria awarded only two out of 10 oil and gas permits on offer in its licensing round on Thursday, increasing pressure on the government to make terms more attractive to foreign oil companies.
The bid round was the third in a row to see l
Algeria's state-owned energy firm Sonatrach is setting up an oil and gas joint venture with two Egyptian national companies, its chief executive officer told Reuters on Saturday.
Sonatrach will hold a 50 per cent stake in the new compa
Algeria's state energy company Sonatrach plans to spend $63 billion on oil and gas developments between 2009 and 2013, its chief executive said on Thursday.
Mohamed Meziane was speaking at an industry conference in the UAE capital Abu Dhab
Shoaibi Group, a leading oil and gas technology and service provider for the Mena region, has won four major contracts from Algeria's state owned energy group, Sonatrach, Europe’s second largest gas supplier.
Sonatrach is partnering wi