Sonatrach, Sinopec Collaborate on Hydrocarbon Exploration
The deal extends existing cooperation between Sonatrach and Sinopec while opening new partnership opportunities.
News
Read the latest Archives of oil, gas and energy news.
LNG in Algeria
Sinopec to Construct $179 million LNG Storage Tank in Algeria
China’s Sinopec has signed an agreement with Algeria’s national oil company Sonatrach for the construction of a new LNG storage tank at the Skikda facility.
Algeria
5 Sectors Poised for Growth in Algeria
Algeria’s established energy market, attractive regulatory environment and untapped acreage continue to entice regional and global players.
Algeria
Oil, Gas & Power MoUs to Watch in Algeria
To leverage its hydrocarbon discoveries and boost production, Sonatrach has signed several MoUs with international oil companies.
Angola
Etu Energias Buys Galp Stakes in Angolan Offshore Blocks
Etu Energias has finalized the acquisition of interests in Blocks 32, Block 14 and Block 14K, offshore Angola
North African Licensing Rounds to Watch in 2024
Licensing rounds in North Africa including in Egypt, Algeria and Libya aim to attract new investment in upstream oil and gas in 2024 and beyond.
Developing Oil Industry Set to Ignite South Sudan’s Economy
South Sudan’s oil market is set to grow at a compound annual rate of 1.5% between 2022 and 2027.
Nigeria
Nigeria: Savannah Energy Acquires SIPEC
With the acquisition, Savannah Energy will assume full ownership of the Stubb Creek oil and gas field in Nigeria.
South Sudan
South Sudan President Opens New Nilepet HQ; National Oil Firm Aims to Transform its Role in Energy Sector
Nilepet is a major employer and incubator of talent in the petroleum industry of South Sudan. Its new, modern HQ marks a shift to being a more active and ambitious national company.
Invest in African Energy Forum
Africa’s Energy Frontiers Draw Chinese Investors
As China’s state oil firms spearhead deepwater exploration and pipeline infrastructure across the continent, the Invest in African Energy forum aims to unlock further Chinese capital and participation.
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