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Algeria Overview

Algeria

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Sonatrach to invest USD 50 billion by 2021
NEWS
Algeria - March 23, 2017

Algeria’s Sonatrach is planning to increase output to more than 4.6 million boepd by 2021 and to invest some USD 50 billion…

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Sonatrach eyes offshore operations
NEWS
Algeria - February 27, 2017

Algeria’s Sonatrach is hoping to start offshore drilling and is in talks with foreign majors such as ExxonMobil, Eni and…

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New Sonatrach plant studies
NEWS
Algeria - December 19, 2016

Algerian state-owned oil and gas company Sonatrach reached agreements with Spanish firm Técnicas Reunidas and British engineering company Amec Foster Wheeler on Sunday…

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Algeria ramps up production
NEWS
Algeria - July 19, 2016

North African OPEC member Algeria has raised output by at least 75,000 over the past few months, with the country targeting major production increases until 2020,…

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Algeria to raise oil products output
NEWS
Algeria - May 06, 2016

Algerian Minister of Energy and Mining Salah Khebri on late on Thursday said his country is targeting a 15-million tonne increase in annual refined products production…

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Statoil facility in Algeria attacked
NEWS
Algeria - March 18, 2016

Statoil reported an attack on its Krechba gas asset in Algeria on Friday morning. The asset is part of the In Salah project, jointly operated by BP, state-owned…

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Algeria to boost pipeline capacity
NEWS
Algeria - March 08, 2016

Sonatrach, Algeria’s government-owned oil and gas company, has said it would invest around USD 3.2 billion in pipelines and related infrastructure over the next four…

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Algeria to issue local debt
NEWS
Algeria - March 03, 2016

Hit by the fall in oil prices, Algeria will seek to issue local currency debt for its financing needs, state press agency APS reported Prime Minister Abdelmalek Sellal…

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BP kicks off In Salah project in Algeria
NEWS
Algeria - February 16, 2016

The Southern Fields project on the giant In Salah venture in Algeria has been green lit, UK super-major BP announced today in a press release.

The project is the…

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