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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…
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Engie to Divest E&P to Carlyle-Backed Neptune
Engie announced later on May 11 that it is to sell its 70% interest in Engie E&P to UK-based Neptune Energy, which is backed by Carlyle Group, CVC Capital Partners and…
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Norway Oil Fund Warning for Eni, PetroChina
Norway’s central bank May 5 has kept PetroChina on notice that it may yet be excluded from its $935bn sovereign wealth ‘Oil Fund’ and said it will “follow…
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Statoil 1Q Profits up 74%, as Polarled Passes to Gassco
Norway’s Statoil posted May 4 net 1Q income of $1.06bn, 74% higher year on year, marking a big improvement from its $2.79bn loss posted in 4Q 2016. It also handed over…
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Noble Posts Record 1Q Israel Sales
US independent Noble Energy said May 1 that 1Q US and Israel production volumes were “all at or exceeding the top end of its guidance.” Elsewhere in the Near East,…
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Spanish Gas Market Grows in 1Q
Gas supplies to the Spanish market in 1Q2017 were up by 8.4% year on year, according to Enagas. The gas grid operator that supplies to power generators increased by 16.5% to 13.5…
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Algeria Ready to Improve Tax Terms: Boutarfa
Algeria is not planning to revise its hydrocarbons law but is looking to adjust fiscal terms to boost exploration and remains in talks on this with upstream firms, explained its…
