Sonatrach CEO Toufik Hakkar has visited Algeria’s southwest, seeing the Touat and North Reggane facilities.
Indonesia’s Pertamina has signed a memorandum of understanding (MoU) with Algeria’s Sonatrach.
Algerian Minister of Energy and Mines Mohamed Arkab has inaugurated the EGPDF pipeline, which links in to the Medgaz pipeline.
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
Sonatrach will invest $40 billion over the next five years, of which 51% will be in dinars, the company’s CEO Toufik Hakkar has said.
Rising COVID-19 numbers in Algeria have driven Sonatrach boss Toufik Hakkar to call for employees to increase their vigilance.
Sonatrach has brought a fire at the El Merk processing plant under control.
Senior Sonatrach executives have held a meeting with Naturgy to review gas agreements.
Algeria’s Sonatrach has continued its habit of signing memorandums of understanding (MoUs), adding OMV and Cepsa to its list.
Sonatrach is facing a “deep audit” by the Algerian state, while the company also attempts to control costs.
Sonatrach has signed gas agreements with Eni following a high-level meeting in Algiers.
Sonatrach has confirmed it plans to cut its spending in 2020 by 50%, pushing back projects that are not urgent, the company’s CEO Toufik Hakkar told a local newspaper.
Algerian President Abdelmadjid Tebboune has appointed Toufik Hakkar to head up Sonatrach, ousting Kamel Eddine Chikhi. Hakkar was previously a vice president at the group.