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Top Rigzone News
Oil and Gas Sector · AlgeriaAlgerian state oil and gas firm Sonatrach has signed a $5.4-billion exploration and production agreement with Saudi Arabian firm Midad Energy, Algerian news outlet Ennahar TV reported on Monday, citing a statement from Sonatrach. The 30-year contract in the form of a production sharing agreement is for exploration and production in the Illizi Basin in eastern Algeria. The contract can be extended by another 10 years. The deal between Sonatrach…See the Story
Algeria Secures $5.4 Billion Oil and Gas Deal with Saudi Midad Energy
Coverage: 5 sources
Bola Tinubu · NigeriaShell and its partner Sunlink Energies and Resources Limited have taken a final investment decision on the HI gas project offshore Nigeria, which will supply additional gas volumes to Nigeria LNG, the supermajor said on Tuesday. The HI project, expected to start up by the end of the decade, will supply 350 million standard cubic feet, or about 60,000 barrels of oil equivalent, of gas per day at peak production to Nigeria LNG (NLNG), in which S…See the Story
Shell Invests in Gas Project Offshore Nigeria
34% Center coverage: 3 sources
