
Algeria: Sonatrach, Sinopec Sign $850M HBAN Development Deal
The Hassi Berkane-North field spans 9,700 km² and includes hydrocarbon-rich blocks 428 and 429.
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The Hassi Berkane-North field spans 9,700 km² and includes hydrocarbon-rich blocks 428 and 429.
The 4,000km Trans-Saharan Gas Pipeline project will link gas sites in Algeria, Nigeria and Niger for international export.
Algeria is leveraging oil, gas and renewable resources to drive energy transformation, global partnerships and socioeconomic development.
Sonatrach will assist Mauritania in developing oil and gas processing infrastructure as part of the agreement.
The country is launching a large-scale initiative to expand desalination capacity, ensuring long-term water security amid growing demand and climate challenges.
Algeria, Tunisia, Germany, Austria and Italy will jointly develop the 3,300km green hydrogen pipeline, connecting North Africa to Europe.
Algeria is leveraging its vast hydrocarbon reserves, ambitious green hydrogen initiatives and favorable investment climate to solidify its role as a key energy supplier to Europe.
As part of a five-year licensing strategy, Algeria’s ongoing bid round aims to drive significant upstream investment and will be highlighted at the Invest in African Energy Forum in Paris this May.
Algeria is progressing with its strategy to diversify its energy sector, with a focus on a balanced mix of renewable energy, green hydrogen and traditional oil and gas development.
The meetings explored opportunities for collaboration in green hydrogen, renewable energy and the development of strategic minerals.