
Sonatrach, Sinopec Sign Contract for Hassi Berkane Nord Project
Sonatrach and Sinopec to invest $850 million Hassi Berkane Nord project as part of the new production-sharing contract.
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Sonatrach and Sinopec to invest $850 million Hassi Berkane Nord project as part of the new production-sharing contract.
The Hassi Berkane-North field spans 9,700 km² and includes hydrocarbon-rich blocks 428 and 429.
Libya’s National Oil Company and Algerian oil company Sonatrach held a technical meeting to review seismic data and plan for the restart of drilling operations in the Ghadames Basin.
Sonatrach is the largest gas producing NOC in Africa.
The partnership builds on a Memorandum of Understanding signed in April 2024 between Sonatrach and OQ Exploration & Production.
The MoU is poised to expand collaboration through new opportunities in oil and gas exploration and production.
The companies will conduct a joint feasibility study for the development of an integrated green hydrogen project in Algeria.
Sonatrach and SONIDEP will explore opportunities for collaboration in hydrocarbon exploration, production, refining, petrochemicals and petroleum product distribution.
Sonatrach’s CEO met with a Chevron delegation to discuss ways to strengthen partnerships and collaboration within the oil and gas sector.
Scheduled for completion within 32 months, the project aims to revitalize the Alrar gas field and sustain its output at 10 million cubic meters per day.