NEWS
Sonatrach Company News
Recent Articles
Results 50 articles shown
NOCs to Fill Void as Majors Retreat from Oil and Gas
National oil companies are largely shielded from shareholder pressures.
8:00 PM EST | June 08, 2021
OPEC Member Algeria Struggles to Export Energy
Algeria has hinted at allowing more foreign investment in the energy sector, but it remains one of Africa's most closed-off economies.
7:00 PM EST | February 07, 2021
Sonatrach Signs MOU With Exxon for Algerian Exploration
Algeria has been pursuing foreign partnerships to boost output and exports.
8:00 PM EST | April 21, 2020
$3.7B Refinery Contract Goes to Samsung and TR
Sonatrach has awarded an EPC&PM contract for a grassroots refinery to a joint venture of Samsung Engineering and Tecnicas Reunidas. PHOTO SOURCE: Samsung Engineering
7:00 PM EST | January 12, 2020
Algeria NOC Enlists WorleyParsons' Help to Boost Output
Sonatrach wants to command a Top 5 NOC position.
8:00 PM EST | March 14, 2019
Algeria In Talks With Oil Firms To Set Up Trading Venture
Sonatrach is in talks with oil majors and trading firms to start a trading joint venture.
8:00 PM EST | July 23, 2018
Total Signs Deal to Extend TFT Gas Field License in Algeria
French 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.
8:00 PM EST | June 10, 2018
Trained Engineer Takes On Algeria's Energy Monolith
The scene revealed the scale of the challenge facing Abdelmoumen Ould Kadour.
8:00 PM EST | March 28, 2018
Executives: Algeria's Sonatrach, Italy's Saipem Agree To End Disputes
Sonatrach and Saipem sign an agreement to end their legal disputes over four gas projects.
7:00 PM EST | February 13, 2018
Algeria Sends More Oil To Cuba As Venezuelan Supplies Fall
Algeria 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.
7:00 PM EST | January 09, 2018
Algeria's Shale Gas Plans Will Take Time, Require Tough Reforms
Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption that is eating into vital exports.
7:00 PM EST | December 28, 2017
Algeria's Sonatrach Chief Urges Oil Industry Reforms
Algeria needs to change the laws governing its oil and gas industry to attract foreign oil investors, Sonatrach's chief says.
8:00 PM EST | September 17, 2017
Algeria's Sonatrach To Boost Output From Rhourde El Baguel Field
Sonatrach will boost gas output by 10 million cubic metres per day at its giant Hassi Messaoud field.
8:00 PM EST | September 17, 2017
Total Signs New Deal With Algeria's Sonatrach And Settles Earlier Disputes
Sonatrach and Total sign a new deal to strengthen their existing partnership and have agreed to settle earlier disputes.
8:00 PM EST | April 09, 2017
Algeria's Sonatrach to Invest $50 Billion, Boost Oil Output
Sonatrach Group plans to boost crude output by 14% in the four years to 2019 and invest billions of dollars in exploration.
8:00 PM EST | March 22, 2017
Algeria's Sonatrach to Boost Output 20% With New Projects
Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years.
7:00 PM EST | December 26, 2016
Algeria's Hassi Bir Rekaiz Project JV to Submit Development Plan in 2017
Thailand'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.
8:00 PM EST | August 16, 2016
Algeria Oil And Gas Output On The Rise
Algeria's oil and gas output is moving back to growth after years of stagnation.
8:00 PM EST | June 25, 2016
At-13 Well in Algeria Hits 240-Foot Gas-Bearing Formation
The AT-13 development well in Algeria penetrates a 240-foot gas and condensate bearing formation.
8:00 PM EST | May 22, 2016
Document: Algeria's Sonatrach Awards $180M in Oil Service Contracts
Algerian state energy company Sonatrach awards oilfield services firms Schlumberger and Weatherford contracts for cementing and pumping services, according to a Sonatrach document.
8:00 PM EST | May 07, 2016
Algeria's Sonatrach Awards $880M Drilling Tubes Deal
Algeria's Sonatrach awards an $880 million contract to supply oil and gas drilling tubes to four foreign firms.
7:00 PM EST | March 10, 2016
Petroceltic: Algeria AT-10 Well Spudded
Petroceltic International plc announces that well AT-10, located on the Ain Tsila gas and condensate field in Algeria, has been spud.
7:00 PM EST | February 21, 2016
In Salah Gas Brings Southern Fields Algeria Project Online
In Salah Gas, a joint venture between Sonatrach, BP and Statoil, announces the start-up of its Southern Fields project in Algeria.
7:00 PM EST | February 15, 2016
Algerian Court Jails Six in Oil Firm Corruption Case
An 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.
7:00 PM EST | February 01, 2016
Algeria to Boost 2016 Oil Output, Offer Rights Amid Global Glut
Sonatrach Group plans to raise crude output by 5% next year and offer energy-exploration rights to foreign companies by the end of March.
7:00 PM EST | December 16, 2015
PetroVietnam, Gazprom Seal Agreement to Develop 2 Fields in Russia
PetroVietnam and Gazprom seal agreement for their joint venture company Gazpromviet to explore and develop two oil and gas fields in Russia.
8:00 PM EST | June 22, 2015
Sources: Algeria's Sonatrach Appoints New Chief Executive
Algeria'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.
8:00 PM EST | May 24, 2015
Algeria Shale Gas Protesters Vow Escalation
Protesters 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.
7:00 PM EST | February 08, 2015
Petrofac Wins Two Deals with Algeria's Sonatrach
Petrofac wins two strategic services agreements with Algerian state-owned oil firm Sonatrach.
7:00 PM EST | February 05, 2015
Gazprom, Sonatrach Make Oil, Gas Find In Algeria
Sonatrach makes a new oil and gas find with Gazprom following a successful drilling in the desert Berkin basin.
8:00 PM EST | October 07, 2014
Algeria's In Amenas Gas Plant Returning to Normal after Attack
Normal operations resume at a major gas plant in Algeria, 18 months after a raid by Islamist militants killed 40 employees.
8:00 PM EST | August 31, 2014
Pluspetrol to Invest $500M in Peru Natgas Block
The Camisea Consortium plans to invest $500 million in the next two years to explore and develop natural gas block 88 in southern Peru.
8:00 PM EST | August 03, 2014
Petroceltic Completes Sale of Stake in Algerian PSC
Petroceltic International completes the sale of an 18.375-percent interest in the Isarene production sharing contract in Algeria to Sonatrach.
8:00 PM EST | July 07, 2014
Algeria Says to Start Production from 6 Gas Fields
Algeria'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.
8:00 PM EST | July 05, 2014
Source: Foreign Oil Workers Return to Work at Algeria's In Amenas Gas Plant
Foreign 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.
8:00 PM EST | June 27, 2014
Eni Awarded New Algerian Permits
Algeria awards Italy's Eni three new pemits to carry out prospecting activities in two basins in the south of the country.
8:00 PM EST | June 24, 2014
Petroceltic Agrees Sale of Isarene PSC to Algeria's Sonatrach
Petroceltic International agrees to sell an 18.4% interest in the Isarene production sharing contract onshore Algeria to Sonatrach for up to $180 million.
7:00 PM EST | February 12, 2014
GDF Suez Awards Algerian Touat Field Contract to Spain's Tecnicas Reunidas
GDF Suez and Sonatrach award engineering contract for the Touat field, onshore Algeria, to Spain's Tecnicas Reunidas.
8:00 PM EST | August 07, 2013
BP CEO Says Four BP Staff Most Likely Died In Amenas Attack-E-Mail
Four 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.
7:00 PM EST | January 24, 2013
European Governments Urge Their Citizens to Leave Benghazi
Several 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".
7:00 PM EST | January 23, 2013
Algeria's New Hydrocarbons Law to Sweeten Terms For Non-Conventional Gas
Algeria's new law on hydrocarbons will give more tax advantages to foreign investment in non-conventional hydrocarbons, the head of the company said.
8:00 PM EST | August 01, 2012
Repsol Gets OK to Develop Algeria Gas Fields
Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorization from ALNAFT to develop the North Reggane project in the Algerian Sahara desert.
7:00 PM EST | February 13, 2012
Petroceltic's AT-5 Well Falls Short of Expectations
Petroceltic 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.
8:00 PM EST | August 01, 2011
Eni, Sonatrach Team Up in Algeria Shale JV
Eni and Sonatrach signed a cooperation agreement for the development of unconventional oil, with particular focus on shale gas.
8:00 PM EST | April 27, 2011
Statoil, Partners Sign $1.5B EPC Contract with Petrofac
Statoil, BP and Sonatrach have signed a $1.15B EPC contract with Petrofac for the execution of the In Salah Southern Fields development project.
8:00 PM EST | April 11, 2011
Petroceltic Begins Isarene Appraisal Drilling
Petroceltic International has commenced appraisal drilling operations on the Isarene permit in Algeria.
7:00 PM EST | November 16, 2010
Sonatrach Hits Paydirt in Berkine Basin
Sonatrach announced two hydrocarbon discoveries in the Berkine basin, bringing the national company's number of oil and gas finds up to seven this year.
8:00 PM EST | April 19, 2010
Sonatrach to Deploy Pipeline Software from Energy Solutions Int'l
Energy 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.
7:00 PM EST | March 08, 2010
Petroceltic to Appraise New Discovery in Algeria
Petroceltic 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.
7:00 PM EST | March 03, 2010
Peru to Sign 20 Hydrocarbon Exploration Contracts in '10
Peru's mining ministry is set to sign 20 new hydrocarbon exploration contracts in 2010, said state newspaper El Peruano Monday.
7:00 PM EST | December 27, 2009