Eni granted permits for Algerian fields

Algeria’s state-owned Sonatrach has granted Eni SPA three prospection permits, authorizing Eni, as operator, and Sonatrach to carry out prospection activities in the Timimoun and Oued Mya basins of southern Algeria.

The El Guefoul, Tinerkouk, and Terfas permits—issued by the National Agency for the Promotion of Hydrocarbon Resources (ALNAFT)—are valid for 2 years and cover a total area of 46,837 sq km.

The work program includes studies and drilling of prospection wells to define the potential of the areas. Eni says the three areas are considered of great interest and potential.

This partnership between Eni and Sonatrach continues a relationship in which the companies have, among other activities, previously pledged to develop unconventional hydrocarbon resources “with particular focus on shale gas,” and produced rich natural gas from Menzel Ledjmet East (MLE) field on Algerian Block 405b (OGJ Online, May 4, 2011; Feb. 4, 2013).

Eni has been present in Algeria since 1981 and has interests in 29 exploration and development licenses, which are currently in production, and in three permits under development. Eni’s equity production in Algeria totals 125,000 boe/d.

Related Articles

Maersk to divest oil field, write off $1.7 billion in Brazil assets

07/08/2014 Maersk Oil, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, has opted to write off $1.7 billion in investments in Brazil’s Wahoo an...

Shell bows out of Kidan gas project in Saudi Arabia


Royal Dutch Shell PLC confirmed it will bow out of the Kidan natural gas development project in Saudi Arabia’s Empty Quarter.

Mongolian petroleum law passage aims to boost foreign investment


Wolf Petroleum Ltd., Perth, reported the passing of a new petroleum law in Mongolia designed to boost foreign investment in the country.

Wintershall to farm in to Luno II lease offshore Norway

07/07/2014 Wintershall Norge AS has agreed to acquire 15% interest in production license 359 (PL359), which encompasses the Luno II discovery, from Lundin Nor...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected