sonatrach subsidiaries

Legal Name. "Hyproc Shipping Company", an Oran-based subsidiary of Sonatrach signed with the shipyard "Hyundai Heavy Industries", a contract for the construction. Sonatrach and its subsidiaries are the leading players in Algeria's oil and gas sector. Sonatrach SPA, Subsidiaries 13. Underexplored mining area with attractive potentia l (more than 60% of 1.6 million km mining area is unexplored) ! 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 . SPC BVI is a 100% owned subsidiary of Sonatrach International Holding Corporation (SIHC) which is itself owned by Sonatrach S.P.A. Sonatrach S.P.A. is the largest oil and gas company in Algeria and in Africa. Welcome. 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 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. Sonatrach is the national state-owned oil company of Algeria. 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. Sonatrach Subsidiaries Form Fertilizer Company With Spain'sFertiberia . To execute this contract, "Sonatrach . About Sonatrach. An Algeria criminal court sentenced six people to jail and sanctioned two companies for corruption connected to contracts with state-owned energy firm Sonatrach. Presentation of Sonatrach. 61 subsidiaries : 32 domestic & 29 international 46 sharholdings : 19 domestic & 26 intenational . "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 . Acquisitions & Subsidiaries. SONATRACH employs nearly 50,000 permanent employees and more than 130,000 people across France. Anita Anyango - Sep 22, 2021. 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. Position (s): Several. Sonatrach is the national state-owned oil company of Algeria. 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 operates the Hassi Messaoud oil field, the largest in Algeria, in addition to several other fields. Sonatrach Total Entreprise Polymres General Information. 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". Feb 26, 2019. External Public Records. Wednesday, October 14, 2020. Company Name: Sonatrach. See More Acquisitions & Subsidiaries. The petrochemical project includes a propane dehydrogenation unit and a polypropylene production unit with an output capacity of 550,000 tons per year. Algeria launches construction of Corso seawater desalination plant. Sonatrach owns 50% of Numhyd, a joint venture with Tunisia's ETAP, and ALEPCO, a joint venture with Libya's National Oil Corporation. 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 . Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL . Thursday, November 24, 2005 . According to AEC, these tests will guarantee the commissioning and operation of the Bateau Cass seawater desalination plant as early as this April 2022. It allows propane to valorize by transforming it into polypropylene. Algeria's Sonatrach has made not one, not two, but three new discoveries. Naftec, a subsidiary of Sonatrach, operates Algeria's four refineries, which have combined capacity of 450,000 bbl/d (72,000 m3/d). 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. 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. 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 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.) 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, reports say. Last Updated : GMT 05:21:58. Founded in 1963, Sonatrach is the largest company in Algeria, almost one-third of Algeria's gross national product. . On the sidelines of the signing of a $4bn gas agreement in mid-July, Algeria's President Abdelmadjid Tebboune reassured . Sonatrach SPA, Affiliate 14. The information comes from Algerian Energy Company (AEC), the subsidiary of the national company for the research, production, transport, transformation and marketing of hydrocarbons (SONATRACH). Sonatrach's five main divisions include E&P, midstream, downstream liquefaction and separation, downstream refineries and . This capacity is expected to double to 80,000 m3 of drinking water per . Principal Subsidiaries: Socit de . 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. . Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil . The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state . The Group has 154 subsidiaries and participations, of which about fifteen are wholly-owned and . 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. Sonatrach is based in Algiers, Algeria and. Sonatrach Algeria Algerian Oil & Gas company: 4/9/2022 The corporation's holding company does not have subsidiaries. Firstly, it reduces taxes paid by Sonatrach and its partners by over 20 percent, from 85 percent to 60-65 percent. The company was founded in 1995 and is based in Ouargla, Algeria. Breaking News Home Sport Culture Business Entertainment Style Health Travel Decor News Media Education Women Science And Technology Environment Blog Horoscope Videos . . 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". Discussions are still underway with five others, reported the official APZ news agency, without disclosing any names. Sonatrach started resuming direct control of the companies in 2008. digitGaps report on Groupement Sonatrach AGIP delivers a detailed in-depth and comprehensive insights of the company, its history, corporate strategy . Sonatrach has 31,358 employees across 10 locations. Mostefa Sebaici, head of Alghorest, the new Sonatrach catering and base camp management subsidiary, has one foot at the giant - 3/16/2017 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 . 7 le mot du prsident annual report 2020 word from the chairman Sonatrach is the national state-owned oil company of Algeria. Sonatrach Petroleum Investment Corporation B.V. 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.Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the first African oil "major". . . Sonatrach. The decree stipulates that the Sonatrach holding companies, whichwere founded as joint stock companies, will be placed under the responsibilityof Sonatrach vice presidents. The signing ceremony of the agreement took place in the bed hall at the NOC's headquarters, after Sonatrach presented visual presentations of the capabilities and expertise of its subsidiaries in the field of petroleum services, at all stages "geophysics, exploration, well drilling, maintenance, construction, training and skills formation." . It is an agreement for the construction of a centre for the separation and compression of upstream utilities of the existing gas complex for the connection of 36 wells of the Northern gas fields (Tinhert), said the central director of Engineering & Project Management of . Entreprise De Bouteille a Gaz Filiale Naftal. Confronted with an avalanche of allegations against the country's state-owned behemoth, President Abdelmadjid Tebboune ordered the justice minister to open an investigation. AlgerianMinister of Energy and Mines Chakib Khelil on 2 September issued a decreereorganizing the subsidiaries and affiliates of Algeria state-owned companySonatrach. A petrochemical project in Arzew, Algeria. of sonatrach p 10 5 human resources p 64 6 hse health, safety and environment p 72 7 new resources p 80 8 social affairs p 86 9 financial statement of consolidated accounts p 92 10 financial statement of corporate accounts p 134 annual report 2020. 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 . Link entities by creating shareholding (equity) in the Entity module. Sonatrach SPA, Joint Venture 15. Sonatrach SPA, Oil & Gas, Deals By Year, 2011 to YTD 2017 23. The Skikda refinery (300,000 bpd) provides the . 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. See insights on Sonatrach including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. "This new strategy will allow Sonatrach to move to another stage in its development . 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 . Groupement Sonatrach AGIP operates as a national oil company in Algeria. AL24 News - Sonatrach: investments for exploration in Libya will reach 200 million dollar - Economy. 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". List Of Figures. Entity Communicator . Vacancy Type: Permanent/Temporary. Sonatrach SPA, Recent Deals Summary 25. Sonatrach's Tech Stack. Sonatrach has more than 30 subsidiaries and affiliated companies operating within Algeria and abroad, many of them in partnership with foreign firms. The second stage will reportedly see the dismissal of the managing directors of several Sonatrach subsidiaries. Sonatrach SPA, Oil & Gas, Deals . SAP ABAP . LEI Registration Details. About Sonatrach. Find related and similar companies as well as employees by title and much more. It has 154 subsidiaries operating across Algeria and Tunisia. Initialinvestment will amount to $500mn, of which . Sonatrach is a private company operating within the oil & gas drilling sector focusing on energy. Sonatrach Mainly Gas Developments Sonatrach Gas & Oil Developments Sonatrach & Partners. Subsidiaries and Joint Ventures. Sonatrach SPA, Key Competitors 22. Groupement Sonatrach AGIP operates as a subsidiary of Sonatrach Spa. The defendants were charged with corruption offenses ranging from embezzling public funds and money laundering to inflating the price of contracts and . 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. Headquarters Address [nl] Herengracht 540. 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. 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. Of the six awards (see table 1) the most intriguing greenlights a long-delayed second phase of an upstream gas project in the Illizi basin, potentially boosting the country's gas output by several bcm/year. 724500Z6TJZYGS88CF11. View Sonatrach (www.sonatrach.com) location in Algiers, Algeria , revenue, industry and description. Sonatrach SPA, Oil & Gas, Deals By Type, 2011 to YTD 2017 24. 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. of Sonatrach group and British hydrocarbon engineering company Petrofac. Judge Ghada Aoun, prosecutor at Mont-Liban court of appeal, ordered the arrest after state-run Electricity of Lebanon (EDL) lodged . The first loan, worth $100 Algeria's new Hydrocarbons Law includes multiple measures to stimulate investment in Algeria's oil and gas sector. L E I. "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 . The agreements finalised concern an increase in the quantities . Sonatrach will assist, via its subsidiaries, in supporting local content. The plant will then have a capacity of 40 000 m3 per day. 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. It is a wholly owned subsidiary of Sonatrach International Holding Corporation, which is 100% owned by Sonatrach S.P.A. Sonatrach celebrates its 70th anniversary in 2020 and a large factor behind the organisation's longevity is its strong company culture and the firm's ability to instil this culture in its subsidiaries. Eventually, Algeria got wind of all the commotion in Lebanon. 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 . It has . Arab Summit: Lamamra holds talks with Kuwaiti counterpart - Friday, 28 October 2022 20:09 Nicolas Torres February 8, 2016. One of the subsidiaries, state refinery Naftec, was created out of another Sonatrach subsidiary Naftal in 1988. Djenane El Malik, Hydra 160335 Algiers Algeria Telephone: 213-2154-8011 Fax: 213-2154-7700 . Description. In a speech opening the . . The move will allow new and international oil companies to distribute products in the country. Sonatrach awarded six contracts worth a combined AD105 billion ($764mn) to several of its subsidiaries on 10 October. It also clarifies the roles of various regulatory bodies (e.g., the Minister of Energy, Sonatrach, the National . From the Sonatrach 2030 Strategy. 0 50 100 150 . The LNG cargo is being sold to Shell Western LNG. The Arab Petroleum Investments Corp. has extended two loan facilities worth a combined $250 million to Algerian state-owned Sonatrach subsidiary Sonatrach Petroleum Investment Corp. (SPIC) to . Sonatrach reported the deal followed two memoranda of understanding (MoUs), from December 2020 and March 2021. Algerian national energy company Sonatrach has seized Sunny Hill Energy's 38.25% stake in the Ain Tsila gas field in south-east Algeria.. 1. Sonatrach subsidiaries focused on services gave presentations, on areas such as construction, drilling and development. The Algerian Energy Company (AEC), a 100% subsidiary of state-owned Sonatrach that is tasked with rolling out desalination plants across the country, is in a race against time to prevent the water shortages that often come with the summer season and risk aggravating a social climate already made tense by shortages of necessities such as milk and cooking oil. Sonatrach Profile and History . 6 ! Sonatrach Subsidiary Inks LNG Swap Deal with Gazprom. Communicator Add Message. The Algerian government has announced that it is to end the monopoly of Sonatrach subsidiary Naftal, the country's sole distributor refined petroleum products. Sonatrach, formerly Entreprise Nationale Sonatrach, is the Algerian state-owned oil and gas company. A longterm Sonatrach employee, Hakkar headed the working group responsible for drafting the new energy law, and replaces Kamel . 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. )Naftec, a subsidiary of Sonatrach, operates Algeria's four refineries, which have combined . 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. The two sides also discussed training plans for welding and inspection. Since 2005, "Sonatrach's role has been mainly limited to signing the . It explores and produces oil and gas. 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. . The difference between Sonatrach and its subsidiary is not trivial. They control roughly 80 percent of hydrocarbon production in Algeria, while IOCs account for the remaining 20 percent. Sonatrach subsidiaries, AEC and GCB, and the company Cosider Canalisation performed the launch ceremony. The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state-owned oil company Sonatrach. The company operates in exploration, production, pipeline transportation, transformation and marketing of hydrocarbons and by-products. It is hoped that the decision will also increase competitiveness and lower the cost of . Founded in 1963, it is known today to be the largest company in Africa with 154 subsidiaries, and often referred as the . 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. 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. 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 . Sonatrach is the 12th largest oil consortium in the world, with 154 subsidiaries operating over the entire oil . Important . The new seawater desalination plant is being built in Corso, a coastal town 25 km east of the capital Algiers. The LNG, which Gazprom will buy from a joint venture of Gaz de France and Algeria's Sonatrach (MED LNG & GAS), will be delivered to the Cove Point re-gasification plant in Maryland at the start of December 2005. We share all we know about Sonatrach's umpteenth oil and gas windfall, including their partner's identity, location and production capacity. Naftec, a . 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