A PIDC official in Hanoi said the joint-venture agreement for the two blocks, around 50 kilometers from Hassi Messaoud, a large oil field in southeast Algeria, was subject to final approval from ...

Zarzaitine Field is located in the southern Hassi Messaoud's main crude oil producing province where Algeria's biggest oilfield known as Hassi Messouad lies.

Algeria is the largest country in Africa with the fourth largest economic output. Sinopec adheres to the vision and mission ...

Food prices are climbing sharply in Algeria, where shoppers say cooking oil and milk are so scarce that you need to butter up shopkeepers to get any. The impact of measures to deal with first the ...

Algeria’s national oil company Sonatrach has held a ceremony to mark the start of the $2.3bn gas development project to upgrade Algeria’s Hassi Rmel gas field. In a statement, Sonatrach’s chairman and ...

Algeria exports 540,000 b/d of its total production of about 1.1 million b/d. However, crude oil and natural gas production have gradually declined in recent years, mainly because of repeated project ...

Honeywell announced it has received a $60 million contract from Algerian oil company Naftec Spa for ... Process Knowledge System (PKS), field instrumentation systems, an advanced process control ...

ExxonMobil Corporation XOM has opened up about its recent interactions with Algerian oil company Sonatrach to begin exploration and production (E&P) opportunities in the country. According to ...

Thailand's PTTEP has struck a deal to buy a key indirect stake in Eni-operated Touat, a significant Algerian gas field, from Paris ... as 5.4 million barrels of oil equivalent of condensate.

The latest MENA Economic Monitor Report - Spring 2016, expects Algeria’s growth to remain modest at 3.4 % in 2016. The slump in global oil prices since mid-2014 has led to deterioration in ...