Sonatrach Chief Executive Officer (CEO) Abdelmoumene Ould Kaddour said a month ago in Bejaia that the SH 2030 strategy will allow the national oil group to consolidate its position among the five major oil companies worldwide. Naftec, a . Position (s): Several. Sonatrach SPA, Oil & Gas, Deals . Sonatrach (Arabic: ; French: Socit Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. Sonatrach Profile and History . Sonatrach SPA, Subsidiaries 13 Sonatrach SPA, Affiliate 14 Sonatrach SPA, Joint Venture 15 Sonatrach SPA, Key Competitors 22 Sonatrach SPA, Oil & Gas, Deals By Year, 2011 to YTD 2017 23 Sonatrach SPA, Oil & Gas, Deals By Type, 2011 to YTD 2017 24 Sonatrach SPA, Recent Deals Summary 25 Units 36. The first loan, worth $100 Sonatrach SPA, Subsidiaries 13. A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria's state-run oil company, on corruption and supply of adulterated fuel charges. Important . Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries and often referred to as the first African oil "major". . In a speech opening the . Algerian oil group Sonatrach, which accounts for 98% of the country's foreign exchange earnings, appointed Toufik Hakkar, vice-president of business development and marketing, as CEO of the oil company on 5 February. Link entities by creating shareholding (equity) in the Entity module. List Of Figures. Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL . Long presented as a state-to-state agreement, the contract awarded by mutual agreement in 2005 and renewed five times by Lebanon's cabinet, was in fact subcontracted to two private companies. . The Sonatrach Group subsidiary, "Sidal Gaz" has doubled its production of medical oxygen to reach 1 million liters / month, the group said on its Facebook page on Tuesday. Two subsidiaries of Algeria's state-owned hydrocarbon companySonatrach - Asmidal and Ferphos - have signed an agreement with the Spanish fertilizercompany Fertiberia covering the establishment of a new fertilizer company. . Amsterdam NL 1017CG. "This opportunity made it possible to review the capacities and expertise of the subsidiaries under Sonatrach in terms of oil services in all stages of oil operations, namely geophysics, exploration, drilling of wells, maintenance . It has control--both direct and indirect--over all aspects of the country's hydrocarbons and has guided Algeria toward its present status as the second largest global supplier of liquefied natural gas. To execute this contract, "Sonatrach . Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the . Sonatrach SPA, Recent Deals Summary 25. We share all we know about Sonatrach's umpteenth oil and gas windfall, including their partner's identity, location and production capacity. About Sonatrach. It is a wholly owned subsidiary of Sonatrach International Holding Corporation, which is 100% owned by Sonatrach S.P.A. Groupement Sonatrach AGIP operates as a national oil company in Algeria. "In order to provide hospitals and medical units nationwide with medical oxygen, Sidal Gaz SPA has started working 24 hours a day and doubled its production of this . 724500Z6TJZYGS88CF11. Thursday, November 24, 2005 . Naftec, a subsidiary of Sonatrach, operates Algeria's four refineries, which have combined capacity of 450,000 bbl/d (72,000 m3/d). Sonatrach SPA, Joint Venture 15. Sonatrach CEO Toufik Hakkar stressed Monday in Algiers that the strategy drawn up by the company in terms of national integration aims to allow Algerian companies access to engineering project contracts, procurement and construction (EPC) through the development of specific specifications. The petrochemical project includes a propane dehydrogenation unit and a polypropylene production unit with an output capacity of 550,000 tons per year. View Sonatrach (www.sonatrach.com) location in Algiers, Algeria , revenue, industry and description. See More Acquisitions & Subsidiaries. 0 50 100 150 . Since 2005, "Sonatrach's role has been mainly limited to signing the . Algeria's state-owned Sonatrach has signed an agreement with ExxonMobil Corp. to buy subsidiary Esso Italiana SRL's 198,000-b/d Augusta refinery in Sicily to process Algerian-produced crude . 61 subsidiaries : 32 domestic & 29 international 46 sharholdings : 19 domestic & 26 intenational . Description. Sonatrach Petroleum Investment Corporation B.V. Sonatrach (Arabic:) (Socit Nationale pour la Recherche, la Production, le Transport, la Transformation, et la Commercialisation des Hydrocarbures) is the national state-owned oil company of Algeria. The move will allow new and international oil companies to distribute products in the country. Initialinvestment will amount to $500mn, of which . Milan, 27 October 2022 - Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been awarded by the Direction Centrale Engineering & Project Management of SONATRACH an EPC contra ct for the execution of an LPG extraction plant inside the existing Rhourde El Baguel oil & gas treatment complex, located in northeastern . On 28 September, the CEO of the Sonatrach group stated that he had revised the gas prices for six of its partners, following negotiations that had begun in February. Sonatrach SPA, Oil & Gas, Deals By Type, 2011 to YTD 2017 24. "This new strategy will allow Sonatrach to move to another stage in its development . Sonatrach Petroleum Corporation BVI (SPC BVI) was created in 1989 and is registered in the British Virgin Islands, in accordance with the International Business Companies Ordinance of 1984. The company was founded in 1995 and is based in Ouargla, Algeria. Groupement Sonatrach AGIP operates as a subsidiary of Sonatrach Spa. Underexplored mining area with attractive potentia l (more than 60% of 1.6 million km mining area is unexplored) ! Entreprise De Bouteille a Gaz Filiale Naftal. 7 le mot du prsident annual report 2020 word from the chairman Arab Summit: Lamamra holds talks with Kuwaiti counterpart - Friday, 28 October 2022 20:09 Sonatrach has entrusted GPGT Group (PETROFAC & GCB subsidiary) with EPC construction of the Units of separation and decarbonation at Alrar in the context of the development of the gas fields of Tinrhert -Alrar, reports this Thursday the oil and gas group, in a statement published on its Facebook page. Eventually, Algeria got wind of all the commotion in Lebanon. The defendants were charged with corruption offenses ranging from embezzling public funds and money laundering to inflating the price of contracts and . A petrochemical project in Arzew, Algeria. The company operates in exploration, production, pipeline transportation, transformation and marketing of hydrocarbons and by-products. Entity Communicator . SAP ABAP . Sonatrach. Confronted with an avalanche of allegations against the country's state-owned behemoth, President Abdelmadjid Tebboune ordered the justice minister to open an investigation. The recent partnership between national oil giant Sonatrach and state-owned construction group Cosider to boost national desalination capacity is already fraying at the seams. Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil . Sonatrach is the national state-owned oil company of Algeria. Sonatrach owns 50% of Numhyd, a joint venture with Tunisia's ETAP, and ALEPCO, a joint venture with Libya's National Oil Corporation.In 1998, Sonatrach acquired Naftal, which is the principal company selling petroleum-based fuels for domestic consumption with about 10,000 gas stations (as of 2005. Sonatrach BVI, a subsidiary of the Algerian oil company, has been charged with "fraud". "Seismic activities account for up to 70 to 80 percent of Sonatrach's workload in the acquisition and seismic exploration area," explains Youcef Boukhalfa, CEO of Enageo, a Sonatrach subsidiary . Abdelghani Bendjebba, president and CEO the major Entreprise Nationale de Gnie Civile et Btiment (ENGCB) subsidiary; and Haloua Abdennacer, managing director of the Entreprise nationale des travaux aux puits (ENTP) subsidiary. Sonatrach SPA, Affiliate 14. AL24 News - Sonatrach: investments for exploration in Libya will reach 200 million dollar - Economy. It has . . The contract that binds "Sonatrach" to the Ministry of Energy and Water in Lebanon since 2005, requires providing the Electricity Of Lebanon (the Lebanese electric power company) with 1.2 million tons of fuel yearly, in addition to providing the Lebanese market with 600,000 tons of mazut annually. They control roughly 80 percent of hydrocarbon production in Algeria, while IOCs account for the remaining 20 percent. Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries and often referred to as the first African oil "major". 6 ! Sonatrach Algeria Algerian Oil & Gas company: 4/9/2022 The corporation's holding company does not have subsidiaries. Algeria's Sonatrach has made not one, not two, but three new discoveries. 1. Welcome. It has 154 subsidiaries operating across Algeria and Tunisia. The most interesting was reflected in a contract finally signed with the U.S.-registered Trunkline LNG Company, a subsidiary of Panhandle Eastern Corporation, in which Sonatrach held a 12 percent stake, which was understood to have . Sonatrach's Tech Stack. Sonatrach SPA, Oil & Gas, Deals By Year, 2011 to YTD 2017 23. Sonatrach Subsidiary Inks LNG Swap Deal with Gazprom. The Socit Nationale de Gnie Civil et Btiment (GCB), a civil engineering subsidiary of Sonatrach, has quietly begun looking for foreign service providers to ensure the supply, installation and commissioning of a . Find related and similar companies as well as employees by title and much more. Legal Name. Subsidiaries and Joint Ventures. Sonatrach has 31,358 employees across 10 locations. . Algeria launches construction of Corso seawater desalination plant. The difference between Sonatrach and its subsidiary is not trivial. Sonatrach is the national state-owned oil company of Algeria. Sunny Hill Energy, formally Petroceltic International, held a contractual interest in the asset through its wholly owned subsidiary Petroceltic Ain Tsila.. Sonatrach terminated the contract without offering any compensation saying Petroceltic failed to . SONATRACH employs nearly 50,000 permanent employees and more than 130,000 people across France. From the beginning, SRI has embraced Sonatrach's core values and they play a key role in the management and operation of the Augusta Refinery. It is hoped that the decision will also increase competitiveness and lower the cost of . Sonatrach SPA, Key Competitors 22. AlgerianMinister of Energy and Mines Chakib Khelil on 2 September issued a decreereorganizing the subsidiaries and affiliates of Algeria state-owned companySonatrach. The main units abroad under SIH are the following: Sonatrach Petroleum Corp (SPC), based in London, is a 100% Sonatrach-owned trading unit whose staff are drawn from the headquarters. According to AEC, these tests will guarantee the commissioning and operation of the Bateau Cass seawater desalination plant as early as this April 2022. Last Updated : GMT 05:21:58. Sonatrach (Socit nationale pour la recherche, la production, le transport, la transformation, et la commercialisation des hydrocarbures; website) is the first major in Africa and the 12th in the world (2013 export turnover: 63 billion USD).Sonatrach controls 154 subsidiaries, some of them wholly-owned; 105 of them are based in Algeria and another 49 abroad (Peru .
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