Algeria will hold another auction round for foreign energy firms in coming weeks, according to government sources
Exploration & Production
Kuwait Energy and EGPC finds hydrocarbon onshore Egypt
Kuwait Energy and its partner Egyptian General Petroleum Corporation (EGPC) have discovered hydrocarbon in the North African country
Inpex begins production from Abu Dhabi’s Umm Lulu oilfield
Japan’s oil and gas exploration firm Inpex, through its wholly-owned subsidiary Japan Oil Development Company Limited (JODCO), has commenced oil production from Umm Lulu offshore oilfield in Abu Dhabi
Sonatrach and Gazprom discover oil and gas in Algeria
State-owned Algerian energy firm Sonatrach, along with its Russian partner Gazprom, has made a new oil and gas find in Block 236b of El Assel area in Algeria’s Berkine Basin
Algeria awards four of 31 blocks to international firms
Algeria has awarded four of 31 oil and gas field blocks to foreign consortiums in a move to help offset its stagnate production