Posted inExploration & Production

Algeria announces six new oil discoveries

Algeria’s state-owned energy company Sonatrach, one of the world’s largest oil firms, has announced six new oil discoveries in various parts of the North African Arab nation.  In a statement published by local media, Sonatrach said the new discoveries were made in the first quarter of 2023.  Two discoveries were made in Amguid in East-Central […]

Posted inExploration & Production

Eni, Sonatrach begin fast-track production at Algerian field

Italian major Eni announced yesterday the start-up of the HDLE/HDLS oil field in in the Berkine North Basin onshore Algeria, only six months after its discovery in March. HDLE/HDLS is currently producing 10,000 b/d. Production ramp up will be achieved through an accelerated development plan which envisages the drilling of new wells in 2023. According […]

Load more