Sonatrach is in talks with oil majors and trading firms to start a trading joint venture after the Algerian state energy company reached a deal this year to buy its first overseas refinery, its chief executive said.
The Chairman and General Director of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin.
A subsidiary of Weatherford International plc has signed a definitive agreement with ADES International Holding Ltd. for the sale of Weatherford's land drilling rig operations in Algeria.
Algeria’s largest oil company Sonatrach has picked technologies from Honeywell UOP to expand the Skikda Refinery on the eastern Mediterranean coast of Algeria.
The top ten economies by Gross Domestic Product in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
The Chairman of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have signed a series of agreements aimed at strengthening the integration between the two companies.
Morocco ranks top investment destination in Africa for 2017, followed by Egypt, Algeria, Botswana, Cote d’Ivoire - Quantum research
Morocco is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2018 (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab.
Australia financial service provider eServGlobal has secured a new three-year contract with existing customer, Ooredoo Algeria.
Algeria’s state-run energy producer Sonatrach has signed an agreement with the oil-trading Vitol Group to ship crude to Italy to be processed and sent back as refined products.
The World Bank published Tuesday Algeria’s economic growth forecasts for 2018 and 2019, a rebound that will be supported by the government’s new budgetary measures.
Repsol has started production from the Reggane Nord gas fields in Algeria, marking the completion of one of the company’s most significant projects in Africa.
The Algerian Space Agency has launched a telecoms satellite into space in cooperation with China. This follows the successful launch of Alcomsat-1 by China Great Wall Industry Corporation aboard a Long March 3B rocket.
The Chairman and General Director of Sonatrach Abdelmoumen Ould Kaddour and the Chief Executive Officer of Eni Claudio Descalzi have signed in Aa Memorandum of Understanding for the development of a partnership in the renewables sector in Algiers.
In Algeria, Univers Détergents company has entrusted Helio Pur Technologies to realize treatment solution for their industrial wastewater.
Jean-Christophe Quémard, Executive Vice President, Africa-Middle East of Groupe PSA, has co-signed an agreement in Algiers with the Algerian project partners to create an Oran-based manufacturing company to build cars for the Algerian market.
KBR awarded engineering and project management services contract for Sonatrach, Statoil and BP joint project in Algeria
KBR, Inc. has been awarded an engineering and project management services contract by JVGAS – a joint venture of Sonatrach, Statoil and BP.
Gemalto, the world leader in digital security, has announced that its advanced epassport technologies are now being used in over 30 different countries including Morocco and Algeria.
Federal-Mogul Motorparts, a division of Federal-Mogul, has strengthened its strategic partnership with regional distributor Rolman World to advance its premium automotive parts in the Middle Eastern market.
Algeria National Office of Statistics said that the country’s industrial production increased by 0.8% in 2016 quarter four from 0.6% the same quarter a year ago. Statistics showed that the average rate of 1.3% for 2016 is slightly lower than the average 2015 rate of 1.8%.
The mobile payments company Fortumo has announced that it has expanded its carrier billing services to 3 new African markets. More than 79 million mobile phone owners in Algeria, Ghana and Tanzania can now make payments for digital services.
Africa Legal Network has announced the admission of three new members as part of their strategy to expand into francophone Africa. The new members are based in Algeria, Guinea and Morocco.
International oil and gas development and production company Petroceltic has confirmed its commitment to supporting the Algerian energy sector through the development of its world class Ain Tsila project.
[Algeria] NXP delivers electronic driver licenses and vehicle registration smart cards to tame fraud
NXP Semiconductors N.V has announced that its partner HB Technologies, the leader in Algeria for secure solutions based on smartcard designs, chose NXP’s SmartMX2 microcontroller for the country’s new secure electronic driver license and vehicle registration smartcards.
Sonatrach, Algeria’s state energy company, and Total, have signed a comprehensive agreement strengthening the existing partnership between the two companies.
Avaya and Icosnet have announced a strategic partnership to jointly provide Unified Communications (UC) technologies from a cloud platform in Algeria.
The national hydrocarbon company SONATRACH will invest more than $50 billion from 2017 to 2021 in exploration projects and production, the vice president of the oil group for exploration and production activity, Salah Meknouche. Has said.
Algeria signs $43 million deal with European Union to develop renewable energy and modernize public finance
At the high level EU-Algeria Association Council taking place in Brussels, the EU and Algeria signed a €40 million package to support Algeria diversify its economy and improve business climate through measures ranging from the development of renewable energy to modernisation of public finances.
The Housing Bank, one of the most respected banks in the Middle East, and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys have announced the selection of the Finacle suite of solutions to power the bank's operations in Algeria.
Bakhouche Alleche has been appointed as interim Director General of national airline Air Algerie, in replacement of Mohamed Abdou Bouderbala who will take up other duties.