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Algeria Press Service

Current exchange rate Algerian Dinar|23/04/2017

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24/04/2017 10:35

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ORAN – More than 500 exhibitors from 38 countries are participating in the international professional exhibition, as part of the 7th North Africa Petroleum Conference (NAPEC 2017), which opened Tuesday at Oran Conventions Centre.

The opening ceremony was attended by Oran Wali (governor) Abdelghani Zaalane, the representative of Prime Minister Office, Amokrane Mohamed Badreddine, the Vice President of the national hydrocarbon company SONATRACH, Fettouhi Ahmed, the chairman of the National Agency for Hydrocarbon Resources Development (ALNAFT), Sid Ali Betata and representatives of several companies operating in the sector.

The four-day trade event has brought together exhibitors and representatives of world's leading oil and gas companies, including SONATRACH, Statoil, Gazprom, Repsol, Anadarko, Baker Hughes and Eage, the organizer of NAPEC 2017, Djaafar Yacini told APS.

"NAPEC has become a genuine platform for exchange," he said, adding "Algeria seeks to build an economic upswing through such events."

The exhibition is an opportunity for direct contacts between operators, he said.

The organizers expect that NAPEC 2017, the largest hydrocarbon trade event in Africa, would draw about 25,000 visitors, including leading oil and gas firms, as well as companies operating in fields relating to civil engineering, equipment manufacturing, maintenance, refining and drilling, in addition to project developers, consultants, service providers, engineers and technicians.

Published in ECONOMY

ORAN- Professionals and experts in different energy fields from 38 countries will participate in the 7th North Africa Petroleum Exhibition & Conference (NAPEC 2017), which will open Tuesday in Oran (431-km west of Algiers), announced Monday the organizers.

This major event, which will take place from 21 to 24 March at Oran Conventions Centre, will bring together participants from the four continents: Africa, Europe, Asia and America.

NAPEC 2017, the largest international oil and gas trade show in Africa, aims at creating favourable climate for contacts between operators and for the identification of partnership and business opportunities.

Conferences and debates will be held, during the four-day event, by experts and CEOs of international oil and gas companies.

NAPEC 2017, which is expected to draw some 20,000 visitors, will be also an opportunity for the professionals of the sector to present the innovations in the oil and gas industry in the North African region.

Published in ECONOMY

ALGIERS- North Africa Oil and Gas Summit will be held in Algiers from 7 to 9 December, bringing together leaders of Algerian and international oil market, announced Sunday the organizers in a communiqué.

Algeria, as Africa's largest gas producer and world's 10th gas producer, has invited over 450 North African experts from different national and international oil and gas companies, as well as investors, service providers, banks and law firms specialized in the sector, said the communiqué.

The Summit will be marked by the participation of major foreign companies, including Shell, Total, Repsol, ENI, Anadarko, EGAS, Dana Gas Egypt, NOC Libya, ETAP, Schlumberger, Halliburton, KBR and Abu Dhabi Oil Refining Company, said the source.

Published in ECONOMY

ALGIERS- The ninth North Africa Oil and Gas Summit will took place in Algiers from 7 to 9 December, announced Sunday the organizers.

The Summit, which be held for the first time in Algeria, aims at bringing together the key actors in oil and gas industry in North Africa," said the national hydrocarbon group SONATRACH, the co-organizer of the international meeting.

Some 450 participants are expected to take part in the high-level meeting.

The Summit's agenda includes a plenary session bringing together the ministers and managers of national oil companies, in addition to technical workshops on themes related to security of supply, technology innovation, unconventional hydrocarbons and investments.

Published in ECONOMY

ALGIERS- No British company has pulled out of Algeria after the terrorist attack against the gas site of Tiguentourine in southern In Amenas, British Secretary of State for North Africa and the Middle East, Hugh Robertson, declared Thursday in Algiers.

"The United Kingdom has never taken the decision to withdraw its companies from Algeria, in the contrary, they are more and more interested in investing" in this country, Robertson stressed in a statement to the press.

Indeed, a conference "exclusively focused on investment in Algeria" will take place in the British capital, London, in next autumn, he announced.

It will be an opportunity for the British companies to better assess the Algerian market and the investment possibilities in Algeria, the Secretary said on the sidelines of a meeting with English professors recently trained for the newly established Centre of English Learning, British Council.

He has also noted that his country "fully trusts" the Algerian government and institutions, in terms of security of the British companies, stressing that the two parties work in "close collaboration" about this matter.

British Petroleum (BP) repatriated  its employees in Tiguentourine gas complex after the terrorist attack on 16 January 2013.

The gas site was operated by BP in partnership with Sonatrach and Statoil

But the British group which conditioned the return of its staff to Algeria by the improvement of security has never left Algeria despite announcements by CEO Robert Dudly, delaying some of its investments in In Salah and Amenas, planned for 2014.

Following this attack, Algeria has reinforced security in all its oil and gas sites that resulted in a gradual return of expatriate staff of these foreign companies.

Asked to give more details on security cooperation between Algiers and London, Robertson said that a "process", including regular meetings and consultation is underway.

"The UK, which has already experienced a period of fight against terrorism, support and always support Algeria in its fight against terrorism," said the British minister.

Published in ALGERIA