Algeria
News
March 29, 2018
Total announces first gas from Timimoun field in southwestern Algeria.
News
December 18, 2017
The Groupement Reggane Nord (GRN) consortium, of which DEA is part with a 19.5% stake, announced that production from four out of six Reggane Nord gas fields commenced successfully on Dec. 13, 2017. The first wells have been put in production.
News
December 06, 2017
DEA Deutsche Erdoel AG and the Algerian state company Sonatrach have signed a Memorandum of Understanding (MoU). The MoU aims at strengthening the cooperation between the two companies and defines the framework for DEA's potential participation in additional upstream projects in Algeria.
Article
October 2017
Middle East/North Africa grapples with production cut commitment, despite urge to boost output
News
August 24, 2017
The new realities of global oil markets are yet to convince economic policy makers in Algeria that it’s time for a radical rethink.
News
May 26, 2017
As OPEC ministers gathered in Vienna yesterday to agree a nine-month extension of their oil-supply pact, the man credited with bringing about the landmark deal learned from a news broadcast that he had been fired.
News
May 18, 2017
Crude rebounded after Algeria said a nine-month extension to OPEC’s production curbs would be backed by most participating countries.
News
April 10, 2017
Sonatrach, Algeria’s state energy company, and Total, have signed a comprehensive agreement strengthening the existing partnership between the two companies.
News
March 22, 2017
Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019 and invest billions of dollars in exploration projects.
News
September 20, 2016
OPEC and oil-producing countries outside the group must find a way to cut crude supplies by 1 MMbpd to re-balance markets and stabilize prices, Algerian Energy Minister Noureddine Bouterfa said.
News
May 16, 2016
Algeria will supply oil and other energy products to Jordan for the first time under a memorandum of understanding signed on Monday, as the OPEC member seeks to diversify sales after years of stagnating crude production.
Article
October 2014
Despite geopolitical turmoil, Middle Eastern and North African exploration and licensing activity levels remain strong, with the MENA region producing over one-third of the world's oil and one-fifth of global gas.
