Sonatrach Company News

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NOCs to Fill Void as Majors Retreat from Oil and Gas
Wednesday, June 09, 2021National oil companies are largely shielded from shareholder pressures.

OPEC Member Algeria Struggles to Export Energy
Monday, February 08, 2021Algeria has hinted at allowing more foreign investment in the energy sector, but it remains one of Africa's most closed-off economies.

Sonatrach Signs MOU With Exxon for Algerian Exploration
Wednesday, April 22, 2020Algeria has been pursuing foreign partnerships to boost output and exports.

$3.7B Refinery Contract Goes to Samsung and TR
Monday, January 13, 2020Sonatrach has awarded an EPC&PM contract for a grassroots refinery to a joint venture of Samsung Engineering and Tecnicas Reunidas. PHOTO SOURCE: Samsung Engineering

Algeria NOC Enlists WorleyParsons' Help to Boost Output
Friday, March 15, 2019Sonatrach wants to command a Top 5 NOC position.

Algeria In Talks With Oil Firms To Set Up Trading Venture
Tuesday, July 24, 2018Sonatrach is in talks with oil majors and trading firms to start a trading joint venture.

Total Signs Deal to Extend TFT Gas Field License in Algeria
Monday, June 11, 2018French oil and gas major Total said that it had signed a new concession agreement with Algeria's Sonatrach, Repsol and Alnaft for a 25-year extension of their Tin Fouyé Tabankort (TFT) gas and condensate field license.

Trained Engineer Takes On Algeria's Energy Monolith
Thursday, March 29, 2018The scene revealed the scale of the challenge facing Abdelmoumen Ould Kadour.

Executives: Algeria's Sonatrach, Italy's Saipem Agree To End Disputes
Wednesday, February 14, 2018Sonatrach and Saipem sign an agreement to end their legal disputes over four gas projects.

Algeria Sends More Oil To Cuba As Venezuelan Supplies Fall
Wednesday, January 10, 2018Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship the same amount in 2018, an official at Sonatrach says.

Algeria's Shale Gas Plans Will Take Time, Require Tough Reforms
Friday, December 29, 2017Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption that is eating into vital exports.

Algeria's Sonatrach Chief Urges Oil Industry Reforms
Monday, September 18, 2017Algeria needs to change the laws governing its oil and gas industry to attract foreign oil investors, Sonatrach's chief says.

Algeria's Sonatrach To Boost Output From Rhourde El Baguel Field
Monday, September 18, 2017Sonatrach will boost gas output by 10 million cubic metres per day at its giant Hassi Messaoud field.

Total Signs New Deal With Algeria's Sonatrach And Settles Earlier Disputes
Monday, April 10, 2017Sonatrach and Total sign a new deal to strengthen their existing partnership and have agreed to settle earlier disputes.

Algeria's Sonatrach to Invest $50 Billion, Boost Oil Output
Thursday, March 23, 2017Sonatrach Group plans to boost crude output by 14% in the four years to 2019 and invest billions of dollars in exploration.

Algeria's Sonatrach to Boost Output 20% With New Projects
Tuesday, December 27, 2016Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years.

Algeria's Hassi Bir Rekaiz Project JV to Submit Development Plan in 2017
Wednesday, August 17, 2016Thailand's PTTEP and joint venture partners intend to submit development plan for the onshore Hassi Bir Rekaiz Project in eastern Algeria to the authorities in early 2017.

Algeria Oil And Gas Output On The Rise
Sunday, June 26, 2016Algeria's oil and gas output is moving back to growth after years of stagnation.

At-13 Well in Algeria Hits 240-Foot Gas-Bearing Formation
Monday, May 23, 2016The AT-13 development well in Algeria penetrates a 240-foot gas and condensate bearing formation.

Document: Algeria's Sonatrach Awards $180M in Oil Service Contracts
Sunday, May 08, 2016Algerian state energy company Sonatrach awards oilfield services firms Schlumberger and Weatherford contracts for cementing and pumping services, according to a Sonatrach document.

Algeria's Sonatrach Awards $880M Drilling Tubes Deal
Friday, March 11, 2016Algeria's Sonatrach awards an $880 million contract to supply oil and gas drilling tubes to four foreign firms.

Petroceltic: Algeria AT-10 Well Spudded
Monday, February 22, 2016Petroceltic International plc announces that well AT-10, located on the Ain Tsila gas and condensate field in Algeria, has been spud.

In Salah Gas Brings Southern Fields Algeria Project Online
Tuesday, February 16, 2016In Salah Gas, a joint venture between Sonatrach, BP and Statoil, announces the start-up of its Southern Fields project in Algeria.

Algerian Court Jails Six in Oil Firm Corruption Case
Tuesday, February 02, 2016An Algerian court jails six people in a corruption case involving state energy firm Sonatrach, including a former vice president and an ex-state bank chief, and it fined two local subsidaries for their role.

Algeria to Boost 2016 Oil Output, Offer Rights Amid Global Glut
Thursday, December 17, 2015Sonatrach Group plans to raise crude output by 5% next year and offer energy-exploration rights to foreign companies by the end of March.

PetroVietnam, Gazprom Seal Agreement to Develop 2 Fields in Russia
Tuesday, June 23, 2015PetroVietnam and Gazprom seal agreement for their joint venture company Gazpromviet to explore and develop two oil and gas fields in Russia.

Sources: Algeria's Sonatrach Appoints New Chief Executive
Monday, May 25, 2015Algeria's state energy firm Sonatrach picks a new chief executive to replace an interim head appointed less than a year ago and has also replaced more than 20 other managers in a major shake-up, two industry sources say.

Algeria Shale Gas Protesters Vow Escalation
Monday, February 09, 2015Protesters against Algeria's plans to exploit its massive shale gas reserves say they will carry their demonstrations to the actual desert drilling sites after the state oil company said exploration would continue.

Petrofac Wins Two Deals with Algeria's Sonatrach
Friday, February 06, 2015Petrofac wins two strategic services agreements with Algerian state-owned oil firm Sonatrach.

Gazprom, Sonatrach Make Oil, Gas Find In Algeria
Wednesday, October 08, 2014Sonatrach makes a new oil and gas find with Gazprom following a successful drilling in the desert Berkin basin.

Algeria's In Amenas Gas Plant Returning to Normal after Attack
Monday, September 01, 2014Normal operations resume at a major gas plant in Algeria, 18 months after a raid by Islamist militants killed 40 employees.

Pluspetrol to Invest $500M in Peru Natgas Block
Monday, August 04, 2014The Camisea Consortium plans to invest $500 million in the next two years to explore and develop natural gas block 88 in southern Peru.

Petroceltic Completes Sale of Stake in Algerian PSC
Tuesday, July 08, 2014Petroceltic International completes the sale of an 18.375-percent interest in the Isarene production sharing contract in Algeria to Sonatrach.

Algeria Says to Start Production from 6 Gas Fields
Sunday, July 06, 2014Algeria's Sonatrach expects to start production from six gas fields with a total capacity of 74 million cubic meters per day in the next three years.

Source: Foreign Oil Workers Return to Work at Algeria's In Amenas Gas Plant
Saturday, June 28, 2014Foreign oil workers return to work at Algeria's In Amenas gas plant almost 18 months after the Islamist terrorist attack there that killed 40 people.

Eni Awarded New Algerian Permits
Wednesday, June 25, 2014Algeria awards Italy's Eni three new pemits to carry out prospecting activities in two basins in the south of the country.

Petroceltic Agrees Sale of Isarene PSC to Algeria's Sonatrach
Thursday, February 13, 2014Petroceltic International agrees to sell an 18.4% interest in the Isarene production sharing contract onshore Algeria to Sonatrach for up to $180 million.

GDF Suez Awards Algerian Touat Field Contract to Spain's Tecnicas Reunidas
Thursday, August 08, 2013GDF Suez and Sonatrach award engineering contract for the Touat field, onshore Algeria, to Spain's Tecnicas Reunidas.

BP CEO Says Four BP Staff Most Likely Died In Amenas Attack-E-Mail
Friday, January 25, 2013Four members of BP's staff have most likely died in the terrorist attack last week on an Algerian gas plant, the company's chief executive said, adding that the U.K. oil giant will learn lessons from the tragedy.

European Governments Urge Their Citizens to Leave Benghazi
Thursday, January 24, 2013Several European governments urged their citizens to leave the Eastern Libyan city of Benghazi in response to what they described as "an imminent threat to Westerners".

Algeria's New Hydrocarbons Law to Sweeten Terms For Non-Conventional Gas
Thursday, August 02, 2012Algeria's new law on hydrocarbons will give more tax advantages to foreign investment in non-conventional hydrocarbons, the head of the company said.

Repsol Gets OK to Develop Algeria Gas Fields
Tuesday, February 14, 2012Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorization from ALNAFT to develop the North Reggane project in the Algerian Sahara desert.

Petroceltic's AT-5 Well Falls Short of Expectations
Tuesday, August 02, 2011Petroceltic in association with its partner Sonatrach issued an update on operations at the Ain Tsila field on its Isarene permit (Blocks 228 & 229a) in south eastern Algeria.

Eni, Sonatrach Team Up in Algeria Shale JV
Thursday, April 28, 2011Eni and Sonatrach signed a cooperation agreement for the development of unconventional oil, with particular focus on shale gas.

Statoil, Partners Sign $1.5B EPC Contract with Petrofac
Tuesday, April 12, 2011Statoil, BP and Sonatrach have signed a $1.15B EPC contract with Petrofac for the execution of the In Salah Southern Fields development project.

Petroceltic Begins Isarene Appraisal Drilling
Wednesday, November 17, 2010Petroceltic International has commenced appraisal drilling operations on the Isarene permit in Algeria.

Sonatrach Hits Paydirt in Berkine Basin
Tuesday, April 20, 2010Sonatrach announced two hydrocarbon discoveries in the Berkine basin, bringing the national company's number of oil and gas finds up to seven this year.

Sonatrach to Deploy Pipeline Software from Energy Solutions Int'l
Tuesday, March 09, 2010Energy Solutions International announced that Sonatrach will deploy PipelineManager and PipelineStudio advanced software applications on three 549-km parallel pipelines transporting natural gas in the Hassi R'mei and Oued Saf Saf pipeline corridor.

Petroceltic to Appraise New Discovery in Algeria
Thursday, March 04, 2010Petroceltic and partner Sonatrach completed its 2009/10 five-well Isarene drilling and testing program, having discovered a major new gas condensate discovery in the Ain Tsila gas condensate field.

Peru to Sign 20 Hydrocarbon Exploration Contracts in '10
Monday, December 28, 2009Peru's mining ministry is set to sign 20 new hydrocarbon exploration contracts in 2010, said state newspaper El Peruano Monday.