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Algeria Overview

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TotalEnergies teams up with Sonatrach in Timimoun
NEWS
Algeria - April 09, 2024

TotalEnergies and Sonatrach have signed an MoU for the development of gas resources in Algeria's Timimoun region.

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Africa Energy Bank on track for $5-billion launch this year
NEWS
Multinational - March 27, 2024

The Africa Energy Bank, a fund created to address gaps in oil and gas project finance in Africa, is on track to begin operations…

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Algeria announces winners of solar auctions totalling 3 GW
NEWS
Algeria - March 25, 2024

The government of Algeria has unveiled the winners of two solar PV tenders totalling 3 GW.

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OPEC+ members extend voluntary output cuts to Q2 2024
NEWS
Multinational - March 04, 2024

Several OPEC+ members have extended voluntary oil production cuts of 2.2 million bpd into Q2 2024.

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Saudi Arabia sets oil and gas production limits
NEWS
Saudi Arabia - January 30, 2024

Saudi Aramco has received orders from the government to set its maximum sustainable capacity to 12 million bpd.

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Energy watchdogs see increased oil demand in 2024
NEWS
Multinational - January 18, 2024

Both OPEC and the International Energy Agency (IEA) have forecast a rise in global oil consumption in 2024, Reuters reported on Thursday.

The IEA has raised its…

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ayman kahttab baker hughes egypt
Interview
Abu Dhabi - July 22, 2020

Ayman Khattab, vice-president for the Gulf, North Africa and India at Baker Hughes, talks to The Energy Year about what the current crisis means for oilfield services…

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Sapesco Egypt Said Riad
Interview
Egypt - September 24, 2019

Said Riad, CEO of SAPESCO – SAHARA Petroleum Services, talks to TOGY about the upstream potential in Egypt, how the private sector is responding to recent framework…

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Interview
Egypt - June 25, 2019

Waleed Lotfy, chairman and managing director of Petrojet, talks to TOGY about new momentum in the Egyptian oil and gas industry and the strategy involved in the…

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Walid YASSIN Vice-President for North Africa WEATHERFORD
Interview
Egypt - June 18, 2019

Walid Yassin, Weatherford’s vice-president for North Africa, talks to TOGY about positive changes to the investment framework in Egypt and the country’s ability to…

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Walid YASSIN Vice-President for North Africa WEATHERFORD
Interview
Egypt - June 04, 2019

Walid Yassin, Weatherford’s vice-president for North Africa, talks to TOGY about positive changes to the investment framework in Egypt and the country’s ability to…

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ayman kahttab baker hughes egypt
Interview
Egypt - May 01, 2021

Ayman Khattab, president and CEO for the Gulf and North Africa at Baker Hughes, a GE company (BHGE), talks to TOGY about the business environment in Egypt’s oil and…

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Weatherford sells Kuwait rigs
NEWS
Kuwait - November 02, 2018

Weatherford has closed the sale of its land rigs in Kuwait to ADES for USD 123 million, the oilfield services giant announced on Thursday.

The deal, signed in July,…

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Oil up on supply concerns
NEWS
Multinational - September 21, 2018

Oil prices were slightly higher on Friday, as supply concerns weighed on investors but were kept down after U.S. President Donald Trump asked the Organization of the…

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Interview
Angola - August 13, 2018

Rui Diegues, the general manager of Himoinsa, talks to TOGY about electrification of the country, the expanding usage of gas and the logistical challenges in the…

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OPEC production up in May: report
NEWS
Multinational - June 12, 2018

Crude oil production by OPEC countries rose in May, the Organization of the Petroleum Exporting Countries and Russia stated in its monthly report.

Total production…

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