Acquisitions and Divestitures News in Algeria
| 5/4/2022 - - Agreement to acquire additional 11.25% participating interest from Edison - Decision is part of plan to grow in Algeria - Country with major potential for an enhanced energy partnership ... |
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11/27/2021 - Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two groups of international gas pipelines connec... |
| 4/15/2021 - Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Ts... |
| 4/15/2021 - SONATRACH terminated the contract for the exploration and exploitation of hydrocarbons on the Isarene perimeter (blocks 228 and 229a), concluded on September 26, 2004 with the company Petroceltic Inte... |
| 5/30/2020 - SONATRACH announces the completion of a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in the Company Medgaz. With this major international operation, SONATRACH ... |
| 12/4/2019 - Algeria’s state-owned Sonatrach will block Occidental Petroleum’s (OXY.N) deal to sell Anadarko assets in Algeria to Total, Algeria’s energy minister told state news agency APS. ... |
| 10/14/2019 - SONATRACH, Cepsa and Naturgy signed an agreement, to sell Cepsa's shares in the Medgaz gas pipeline. ... |
| 10/29/2018 - The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement today that will see ... |
| 7/18/2018 - The Chairman and General Director of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement that represents a fur... |
| 6/11/2018 - Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 25 years to extend the exploitation of th... |
| 4/4/2018 - Cepsa and Petronas have concluded the acquisition process for Cepsa to take over Petronas’ stake in the Bir el Msana (BMS) field in Algeria. Following the acquisition, the Company has increased its wo... |
| 7/21/2016 - BHP Billiton, Eni and Sonatrach signed an agreement to extend the production sharing contract (PSC) for the Rhourde Ouled Djemma (ROD) and satellite fields in Blocks 401a/402a for an additional 10 yea... |
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7/24/2015 - Petroceltic International plc, the oil and gas exploration, development and production company focused on North Africa, the Mediterranean and Black Sea regions is pleased to announce the approval by t... |
| 10/6/2014 - The Board of Petroceltic announces that it is in detailed discussions regarding a possible offer to be made by Dragon Oil plc (Dragon Oil) for the issued, and to be issued, share capital of the Compan... |
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10/1/2014 - Dragon Oil in partnership with ENEL Trade S.p.A. ("Enel") has been awarded two exploration blocks ("perimeters") in Algeria, Tinrhert Nord Perimeter and Msari Akabli Perimeter. ... |
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9/30/2014 - The licence is located in southeastern Algeria and covers an area of 2730 square kilometres. Statoil bid in partnership with Shell, where Statoil will be the operator with 30% equity, Shell will hold ... |
| 9/30/2014 - Algeria awarded four of 31 oil and gas field blocks on offer to foreign consortiums in its first attempt since a disappointing 2011 bid to draw investors to help offset its stagnate production. |
| 7/8/2014 - Petroceltic International plc, the independent oil and gas exploration and production company focused on the Middle East, North Africa, Mediterranean and Black Sea regions, is pleased to announce the ... |
| 6/25/2014 - Eni has been granted three prospection permits by Sonatrach, the Algerian state company. The permits authorize Eni, as operator, and Sonatrach to carry out prospection activities in the basins of Timi... |
| 4/24/2014 - The U.S. Department of Justice has asked Italian oil services group Saipem for information on a probe into alleged corruption in Algeria, the group's CFO said. ... |
