The national oil company SONATRACH has become the majority shareholder in Medgaz SA, after having completed on Saturday a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in this company.

Eng. Mustafa Sanalla, Board of Directors Chairman, spearheaded an emergency meeting between the National Oil Corporation (NOC) and the Akakus Oil Operations Company, which was held this morning, Wednesday 3th of June 2020 at the "NOC’s" headquarters in Tripoli, In the presence of the members of the Board of Directors, Mr. Abulgasem Shengher and Mr Elamari M. Elamari.

A consortium made up of SONATRACH and its two partners PTTEP and PVEP, on the one hand, and the Italian company specialized in Mayor Engineering Tecnimont, on the other hand, have signed an Engineering, Procurement & Construction (EPC) contract for the completion of a second Oil Treatment train (CPF) at the Bir Sebaa field, 40 km from Hassi Messaoud, said a company press release.

The Chairman of the Board of Directors, Eng. Mustafa Sanalla, met today, Wednesday, 10th of June 2020, at the headquarters of the National Oil Corporation "NOC" in Tripoli, with the Chairman of the Management Committee of the Akakos Oil Operations Company, Mr. Nouri Al-Seid, in the presence of the members of the Board of Directors, Mr. Abulgasem Shengher and Mr Elamari M. Elamari.

The national oil company SONATRACH and the Tunisian Electricity and Gas Company (STEG) have decided to renew the contract to buy and sell natural gas for eight years, until 2027, the group said on Thursday.

The National Oil Corporation (NOC) expresses its deep concern about the continued forced-closures of oil facilities, which negatively impacted the surface facilities , transport pipelines and crude oil tanks, which led to the collapse of one of the tanks in “Al-Sharara field".

National Oil Corporation (NOC) is deeply concerned by the presence of Russian and other foreign mercenaries inside Sharara oilfield after a convoy of vehicles entered the field on the evening of Thursday June 25, 2020 and met with representatives of the Petroleum Facilities Guard (PFG).

The national hydrocarbon company SONATRACH and the French group Total have concluded an agreement renewing, for a period of three (03) additional years, their partnership in the field of liquefied natural gas (LNG), the company said on Thursday in a communicated.