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Sonatrach to Unveil New Strategy: CEO
Sonatrach has begun the drawing up of a new strategy out to 2030, entitled "Project SH2030," said CEO Abdelmoumen Ould Keddour September 18. Repsol meanwhile has told NGW that…
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Sonatrach to Produce Gas from Hassi Messaoud
Algeria’s largest oil field, Hassi Messaoud, will produce sales gas for the first time in two months’ time, said state Sonatrach CEO Abdelmoumen Ould Kaddour last week.…
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[NGW Magazine] Algerian upheavals delay upstream progress
This article is featured in NGW Magazine Volume 2, Issue 16 By Cyril Widdershoven Strong, autocratic rule need not always deter foreign investors, but a head of…
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Total To Pay $7.45bn for Maersk Oil
Total is to buy Maersk Oil for $7.45bn in a deal expected to close in 1Q 2018. The latter’s parent, AP Moller-Maersk will receive $4.95bn in the form of Total shares,…
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Sound Says Morocco Pipe Gets Initial OK
UK-listed Morocco gas explorer Sound Energy said it has received written confirmation of a planned 120-km pipe from its fields to key export infrastructure. The company said…
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Spanish Gas Demand in July Breaks Record
Demand for gas in Spain this July grew by 17% year on year, the largest monthly increase during the summer months since 2008, said Enagas July 31. Factors that explained the hike…
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OMV Resumes Tunisia Work at Nawara
Work has resumed on a development onshore southern Tunisia that could boost the country's gas production by one-third by 2018. Tunisian protesters blockading OMV’s onshore…
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Global Gas Flaring Up Again in 2016: World Bank
Gas flaring at oilfields rose by a further 2bn m³ last year to 149.3bn m³, from just over 147.2bn m³ in 2015 and has risen in each of the three years…
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Norwegian Firm Wins Transmed Job
Norwegian contractor DOF Subsea said June 27 it has been awarded a contract by the Transmediterranean Pipeline Company (Transmed) to undertake the pipeline inspection on its…
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Algerian Power Plant to Start 2018: Report
A 446-MW gas-fired power project at Boutelis, near the Algerian city of Oran, is now scheduled to enter service in September 2018 after eight months of tests, a local official…
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Repsol, Sonatrach Renew Vows: Report
Algerian state Sonatrach and Spain’s Repsol signed an agreement June 5 to “consolidate their existing partnership,” according to a statement reported by state…
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Sonatrach Inaugurates GR6 Pipe
Sonatrach inaugurated a new 536km gas pipeline this week which took just two years to build. The company’s CEO Abdelmoumen Ould Kaddour said May 31 that the GR6 Rhourd…
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Algeria Has New Energy Minister
Algeria’s prime minister and energy minister were abruptly sacked last week in a major reshuffle. Mustapha Guitouni was named energy minister on May 25, replacing…
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Tunisian Dies in Gas Field Protests
A Tunisian man died May 22 after a police car accidentally ran him over at the site of the first clash between security forces and protesters in Tatatouine. Protesters have…
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Algeria's Boutarfa in Spain for Talks
Algerian energy minister Noureddine Boutarfa was in Madrid on May 15-16 for talks with key Spanish officials and companies. Boutarfa's office said he met senior executives from&nb…
