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According to Gulf States Newsletter, chairman of the Omani conglomerate Saad Bahwan previously met with Algeria’s energy minister Mohammed Arkab on 16 January to discuss expanding the group’s business in Algeria. ... Algeria’s Rig Count Is The Highest Since Early 2019 ...

With Algeria-France relations deteriorating to new lows over the past year, concerns have been raised over the future of bilateral trade ties and French assets in the North African nation. ... This marked a historic shift in the French position on the disputed territory, where Algeria backs the Polisario group fighting for the territory’s independence (MEES, 17 November 2023). ...

In contrast, Oxy’s Berkine Basin partners Eni and Total have been expanding in Algeria. ... Algeria’s recent shale-focused MOUs with Exxon and Chevron have mentioned both the Berkine Basin and the Ahnet Basin in Algeria’s far southwest. ...

Morocco’s energy minister Leila Benali on 23 April invited firms to submit an Expression of Interest (EOI) for the establishment of the country’s first LNG terminal at the Nador West Med port on the Mediterranean coast near the border with Algeria (see map). ...

But it is in Algeria where the composition of the planned spend is most up in the air. ... Indeed, Algeria’s gap behind Libya is narrower still when using Eni’s favored production metric which includes gas consumed in upstream operations rather than just marketed output – this gives Algeria output of 137,000 boe/d including 424mn cfd gas, versus 176,000 boe/d for Libya and 279,000 boe/d for Egypt (see chart 1). 1: Eni Mena Output ('000 boe/d): Algeria Is Closing The Gap On Libya And Egypt With Record 2024 Volumes*... ...

It also has plans to cement its position in Algeria and Libya. Speaking in Ravenna at an industry event, Eni CEO Claudio Descalzi said his firm will invest more than €8bn ($8.8bn) in each of Algeria and Libya over the next four years, “and about the same in Egypt.” ...

Last week’s decision by the ‘Group of Eight’ – Saudi Arabia, UAE, Kuwait, Iraq, Algeria, Russia, Kazakhstan and Oman – took observers by surprise, and amplified the price crash instigated by the tariff announcement. ...

In March, Europe also scaled up imports from Nigeria and Algeria. ...

When the eight producers – Saudi Arabia, UAE, Kuwait, Iraq, Algeria, Russia, Kazakhstan and Oman – met virtually on 3 April to discuss whether to continue with the monthly production increases in May, few outside the group expected anything other than a simple rubberstamping. ...

And this understates the effective share of gas in Tunisia’s power mix given that Tunisia imported a record 3.1TWh of gas-fired power from Algeria, a record 14% of total power supply (see chart). ... Tunisia Power Supply (TWh): Renewables Produced A Record 5% For 2024 But Gas Remains Dominant With Imports From Algeria Also At Record Levels ...

The country’s two gas fired power plants, 470MW Ain Beni Mathar and 385MW Tahaddart were previously supplied with gas from Algeria before deliveries were halted in late-2021(MEES, 5 November 2021). ...

Algeria on 17 March broke ground on an 80MW solar power plant in the town of Abadla in the Bechar province in the remote far west of the country, the energy ministry says. ...

With two existing discoveries, A1-NC179 and A1-81/2, NOC says G2 lies near “super-giant fields shared between Algeria and Libya.” Primary among these is the Wafa gas-condensate field operated by Eni-led Mellitah Oil & Gas on the border with Algeria, with the existing infrastructure potentially fast-tracking the development of any discoveries in the area. ...

The announcement surprised many in the market, prompting questions about why the eight producers – Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman – decided to increase production at this time. ...

However gas-fired powergen, having slumped for 2022 following the halt in deliveries from neighbor Algeria at the end of October 2021, has since rebounded. ...