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Sonatrach

Sonatrach latest

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria
January 9th, 2020 - 08:07 GMT

Samsung, TR Ink $3.7 Billion Refinery Deal in Algeria

Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, and Técnicas Reunidas (TR) of Spain have signed a $3.7 billion contract with Sonatrach for the Hassi Messaoud (HMD) refinery project in Algeria. The project was awarded with Técnicas Reunidas (TR) of Spain as joint venture partner and is located at Hassi Messaoud, 600 km southeast from the Algeria’s capital Algiers. The signing ceremony was ...
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Algeria's mass protests (Twitter)
March 11th, 2019 - 12:17 GMT

If Arab Spring Passed Algeria 1st Time, it is Not Doing it Again

The Algerian state-owned Sonatrach developed a strategic vision for 2030 to become one of the world's top five oil corporations, Guitouni pointed out. (Shutterstock)
November 1st, 2018 - 03:20 GMT

Algeria Taps Into Shale Gas Reserves, With Production Slated Within Five Years

The deal will create hundreds of jobs and will help save up to $2 billion in gas that can be made available for sale in international markets. (GE)
April 25th, 2017 - 02:07 GMT

GE signs $3B gas deal with Algeria's Sonelgaz, its largest ever

The plant, planned to launch in December 2017, will make it possible to save the equivalent of six million cubic metres of gas per year. (File photo)
March 19th, 2017 - 11:26 GMT

Algeria expands into solar energy with new solar plant

Algeria has the 10th-largest natural gas deposits in the world and is the third-largest supplier to Europe. (Shutterstock)
March 14th, 2017 - 05:16 GMT

Algeria to receive $42.7M in EU funding for renewable energy projects

As of yet, says Emirates NBD, there are few details on which projects will be included in the new investment plan, or which sectors Algiers intends to target.
August 31st, 2014 - 02:18 GMT

The region's often forgotten economic supergiant: Algeria announces new massive investment program to unleash shale potential, transform economy

The project will bring on stream 26 wells from four fields in the Reggane basin, the company said.
May 18th, 2014 - 11:31 GMT

The hidden oil giant: British Petrofac awarded $970 million oil contract in Algeria

Eni, the Italian energy company, is hoping to ensure the safety of the Trans-Mediterranean gas pipeline
April 22nd, 2013 - 11:38 GMT

Eni reviews security at Tunisian facility

A road sign near the In Amenas gas field, in eastern Algeria near the Libyan border, Algerian troops surrounded Islamists holding foreign hostages at the gas field on Thursday. (AFP Photo/Statoil/Kjetil Alsvik)
January 17th, 2013 - 10:03 GMT

Algeria hostages 'forced to wear bomb belts'

Egypt to increase gas supply from Algeria
November 18th, 2012 - 12:31 GMT

Egypt to be cooking with Algerian gas

Shale gas could cause severe environmental problems
November 11th, 2012 - 10:50 GMT

Algeria to exploit controversial shale gas

Algeria needs to import large quantities of refined fuel products such as gasoline and gasoil due to insufficient refining capacity
June 7th, 2012 - 11:22 GMT

Algeria tries to boost its oil and gas capacity

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