Gulf Oil and Gas accountACCOUNT

Sonatrach & Saipem Announce Have Settled Their Major Dispute

Source: www.gulfoilandgas.com 2/14/2018, Location: Africa

Share |
Sonatrach and Saipem have decided to amicably settle their differences and have signed an agreement to put an end to the ongoing procedures concerning the contract for the construction of a gas liquefaction plant at Arzew (the LNG3Z train), the contract for the construction of three LPG trains, an oil separation unit (LDHP) and condensate production facilities in Hassi Messaoud, the contract for the construction of the LPG LZ2 pipeline 24 '' (Line and station) in Hassi R'Mel and the contract to build a gas and oil production unit on the Menzel Ledjmet field on behalf of the SONATRACH / FCP association.

This agreement is the result of a constructive dialogue and represents an important step in the relations between the two companies.

Sonatrach and Saipem expressed their satisfaction at having reached a definitive agreement that puts an end to a dispute that is detrimental to both companies.

For more information about related Opportunities and Key Players visit Algeria Oil and Gas Projects

Oil & Gas Companies News in Algeria >>

Morocco >>  10/18/2018 - Meet the Developers and Investors driving growth in the Gas to Power sectors across North & West Africa. ...
Mauritania >>  10/12/2018 - KBR, Inc. announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue f...

Ghana >>  10/10/2018 - Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters. Th...
Egypt >>  10/8/2018 - WorleyParsons has been awarded a four years project management consultancy (PMC) contract for the new Assiut Hydrocracking Complex (AHC Project) in Eg...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Algeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Algeria >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.