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Sonatrach

Congo
Olive Energy boss Ahmed Ouenes reinforces ties with Ominga and SNPC

The geologist, who lives in the United States, has been looking to expand in the two Congos in recent years, mainly through contracts with the two state-owned companies SNPC and Sonahydroc.

Subscribers only Energy 12.05.2020

Algeria
Hyproc cancels sale of LNG carriers in response to crisis

Filiale du groupe pétrolier public Sonatrach, Hyproc renonce à vendre de deux navires afin de faire de nouvelles acquisitions pour moderniser sa flotte.

Subscribers only Business 12.05.2020

Algeria
Senator Madani Mouissa takes over GR5 pipeline security contract from Secur Group

The Leader Amne group owned by FLN senator for Ouargla Mohamed Madani Mouissa has won the Din. 129m contract to provide security at the GR5 station at Hassi R'mel. Secur Group, which has links with the Kouninef brothers, was taken off the contract in March.

Subscribers only Business 05.05.2020

Algeria
After Sonatrach, President Tebboune rings changes in oil institutions

Algeria's new president Abdelmadjid Tebboune has replaced directors who were appointed when Bouteflika was still in power.

Subscribers only Energy 04.05.2020

Algeria
Sonatrach boss Toufik Hakkar brings his protégés into top team

The head of the state-owned oil group has set up his own commando of close collaborators, from which he has excluded key figures employed by his predecessors.

Subscribers only Energy 13.04.2020

South Africa
Total makes some progress on acquisition of Anadarko assets at last

A second major hurdle has been cleared in the complex process of acquiring the portfolio of the US oil company Anadarko.

Subscribers only Energy 08.04.2020

Spotlight | Algeria
Sonatrach begins clear-out among security contractors

Two months after taking over as head of Sonatrach new chairman and chief executive Toufik Hakkar has started a major review of the contracts awarded to sub-contractors by his predecessor Kamel-Eddine Chikhi. His first act was to break with Secur [.

Subscribers only Business 02.04.2020

Algeria
Ourradi and Hanifi take their leave

An era has ended at the Ministry of Energy following the retirements on March 10 of inspector general Youcef Ourradi [...]

Subscribers only Politics 02.04.2020

Algeria
Majors employ tactics to not invest alongside Sonatrach

Faced with the morose business climate, oil firms are using new strategies to not have to fork out cash.

Subscribers only Energy 31.03.2020

Congo
Sassou's nephew Carlo Roger homes in on two onshore blocks

The Algerian entrepreneur Akim Laacher and President Denis Sassou Nguesso's nephew Carlo Roger Nguesso have their eyes set on two [...]

Subscribers only Energy 31.03.2020

Algeria, Angola
Crude oil output: BP's troubles worsen

BP's African production from its assets in Angola, Egypt and Algeria, took a 20% cut in 2019 compared to its [...]

Subscribers only Energy 31.03.2020

Algeria
Saha pips its rivals at the post for Enafor full catering contract

Mohamed Amieur-owned catering company Saha has done well out of [...]

Subscribers only Business 26.03.2020

Algeria
Mekmouche opts for retirement instead of Sonatrach Gas Italia post

Former Sonatrach exploration and production boss Salah Mekmouche will not [...]

Subscribers only Business 26.03.2020

Algeria
Tassili Travail Aérien rises unexpectedly from its ashes

Giant national oil group Sonatrach has finally decided to come to the rescue of Tassili Travail Aérien (TTA), a subsidiary [...]

Subscribers only Business 19.03.2020

Algeria
Cieptal to cater for Sonatrach laboratory in Hassi Messaoud

Catering company Cieptal, a subsidiary of France's Catering International & [...]

Subscribers only Business 19.03.2020

Africa, Angola
Are Spanish giant Repsol's days on the continent numbered?

Repsol has begun its retreat from Angola, adding the country to a long list of failures on the continent. Only the Spanish firm's North African activities are holding on.