It is being developed as a unitized field by a consortium which includes the Algerian national oil company Sonatrach and several US energy companies such as Anadarko, with CEPSA's working interest ...

Analysts say this may have encouraged European buyers to hold off on purchases of the Algerian oil in hopes of weaker price differentials, which prompted dealers to seek alternative buyers.

Zarzaitine Field is located in the southern Hassi Messaoud's main crude oil producing province where Algeria's biggest oilfield known as Hassi Messouad lies.

PVEP aims to deepen ties with its partners to speed up new contract packages and tap new wells in the second phase, targeting higher output.

Oil and gas cooperation remains a bright spot in the partnership between Vietnam and Algeria, with the joint exploration and production project in Algeria, undertaken by the Petrovietnam Exploration ...

Sinopec has been present in Algeria since 2002 and operates the Zarzaitine field. Besides oil and gas exploration, Sinopec has started the second phase of its rural well-drilling project in Senegal.

Vietnamese Ambassador to Algeria Tran Quoc Khanh has paid a working trip to Touggourt and Ouargla provinces to enhance ...

Sinopec has been present in Algeria since 2002 and operates with Sonatrach on Zarzaitine field to increase the recovery rate of crude oil reserves.

The two companies have agreed to carry out exploration and appraisal drilling on the licence, which lies 80 kilometres form the huge Hassi Messaoud field. Sinopec has been present in Algeria since ...

CAIRO, Feb 25 (Reuters) - Algeria's state oil and gas firm Sonatrach and China's Sinopec signed a contract for hydrocarbon development and exploration worth $850 million in the north African ...