Oil Field Services News in Algeria

Algeria to Achieve Sustainable Development
2/2/2020 - The Minister of Energy, Mohamed Arkab, said in Algiers that the Energy Transition Program provided for in the Government's Action Plan will allow Algeria to achieve sustainable development. ...
DEA signs Memorandum of Understanding in Algeria
12/6/2017 - DEA Deutsche Erdoel AG and the Algerian state company SONATRACH have signed a Memorandum of Understanding (MoU). The MoU aims at strengthening ?the cooperation between the two companies and defines th...
'New Growth Model' to Cope with Oil Price Drop
7/27/2016 - OPEC member Algeria says it will launch a new "economic growth model" for the next four years focussed on reforming the tax system to bring in more revenue and reduce dependence on energy exports. ...
Algeria Boosts Oil Output at Two Major Fields
7/18/2016 - Algeria has boosted output in recent months at two major oil fields, including the Hassi Messaoud field, an oil official said on Monday, as the OPEC member strives to maximise production to make up fo...
Algeria Oil & Gas Output On The Rise
6/26/2016 - Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African OPEC member's existing fields, state energy company Sonatra...
Algeria has Capacity to Conduct Smooth Economic Transition
6/18/2016 - Algeria has the capacity to conduct a smooth economic transition but it should accelerate its economic diversification through reforms, said senior officials of the International Monetrary Fund (IMF) ...
Algeria Urges Companies to Invest in Upstream
6/6/2016 - Only 40% of the mining deposits is prospected, said in Algiers President of the executive committee of the National Agency for the Promotion of Hydrocarbon Resources (Alnaft), Sid Ali Betata, calling ...
Algerian Energy Minister Calls for Return to Output Ceiling
6/2/2016 - Algerian Energy Minister Salah Khebri hopes OPEC will return to an oil output ceiling with production quotas for individual member countries, he told reporters. ...
Algeria 'Controls' Economic Situation Despite Fall in Oil Prices
5/16/2016 - Algeria is on the "right track" and "controls" the situation, despite the fall in oil prices in the in international market, said in Algiers Prime Minister Abdelmalek Sellal. ...
Sonatrach Awards $180 Mln in Oil Service Contracts
5/8/2016 - Algerian state energy company Sonatrach has awarded U.S. oil service firms Schlumberger and Weatherford contracts for cementing and pumping services, a Sonatrach document said. ...
Algeria's Oil Products Output to Reach 45 Million per Year by 2024
5/7/2016 - Algeria's output of oil products will reach 45 million per year by 2024 with the commissioning of the refineries of Hassi Messaoud, Tiaret and Biskra, said Minister of Energy Salah Khebri. ...
Algeria GDP Growth at 3.9 Pct in 2015
4/25/2016 - Algeria's economy grew by 3.9 percent in 2015, up from 3.8 percent the previous year, boosted by higher output in agricultural sector, the government said. ...
Algeria’s Deepening Energy Problems
4/14/2016 - Three dark clouds hang over Algeria and its oil and gas sector in the form of a severe economic crisis, fear of more terrorist attacks on energy facilities, and uncertainty over the future presidentia...
Algeria's Energy Exports Stagnate In 2015
4/4/2016 - Algeria's energy exports stagnated in 2015, held back by lower oil and gas production and a rise in domestic consumption, official data seen by Reuters on Monday showed. ...
Algeria to Boost 2016 Oil Output
12/17/2015 - Algeria’s state oil producer Sonatrach Group plans to raise crude output by 5 percent next year and offer energy-exploration rights to foreign companies by the end of March, steps that may add barrels...
Sonatrach Looks to Restructure in Face of Oil Crisis
10/16/2015 - Algeria's state energy firm Sonatrach has begun a restructuring aimed at saving money and coping with the dramatic slide in global oil prices, an internal document seen by Reuters shows. ...
Petroceltic Makes Significant Progress in Algeria
9/30/2015 - Petroceltic International said the first half saw it make significant progress in Algeria as it strove to reduce expenditure in a weak oil sector. ...
Algeria Boosts Oil Output By 32,000 Bpd with 2 New Fields
8/2/2015 - OPEC member Algeria has increased crude oil output by 32,000 barrels per day after starting production at two fields, an energy ministry official said. ...
Algeria's Oil Output at 1.12 mn bpd
6/10/2015 - Algeria's oil production is 1.12 million barrels per day, a level just under the average output for the last few years for the North African OPEC producer, an industry source said. ...
Algeria PM Says Ready to Relaunch Galsi Gas Project
5/27/2015 - Algeria is ready to build the proposed Galso gas pipeline to bring Algerian gas to Italy, Prime Minister Abdelmalek Sellal said during a visit to Rome. ...

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