{"id":12467,"date":"2022-07-19T16:32:50","date_gmt":"2022-07-19T16:32:50","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12467"},"modified":"2022-07-19T16:32:50","modified_gmt":"2022-07-19T16:32:50","slug":"algeria-eni-signs-a-new-contract-on-blocks-404-208","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-signs-a-new-contract-on-blocks-404-208\/","title":{"rendered":"ALGERIA: Eni Signs a New Contract on Blocks 404-208"},"content":{"rendered":"<p>Eni signed today with SONATRACH, Oxy and TotalEnergies a new PSC for blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s.<\/p>\n<p>The contract, signed under Algeria\u2019s new hydrocarbon law of 2019, will allow the partners to boost investments, increasing the fields\u2019 hydrocarbons reserves while extending their production life for further 25 years. Furthermore, it will also enable future valorisation of significant quantities of associated gas which might become available for export, contributing to the diversification of gas supplies to Europe.<\/p>\n<p>The agreed plan of activities will also include new technologies to improve the reserves recovery factor and reduce CO<sub>2\u00a0<\/sub>emissions through energy efficiency and decarbonizations projects.<\/p>\n<p>Eni CEO, Claudio Descalzi, commented: \u201cThrough this new contract, additional volumes of gas will be made available for export and for the domestic market, coherent with Eni\u2019s commitment to the energy transition. It also highlights the importance of the strategic partnership with SONATRACH, aimed at long term investments in Algeria to maximize asset value\u201d.<\/p>\n<p>Eni has been present in Algeria since 1981. With an equity production of 100,000 barrels of oil equivalent per day, Eni is the main international company in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eni signed today with SONATRACH, Oxy and TotalEnergies a new PSC for blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-signs-a-new-contract-on-blocks-404-208\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":12468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11],"tags":[121,8708,10615,10614,768,10613,2363,9339],"class_list":["post-12467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-north-africa","category-top-news","tag-algeria","tag-berkine-basin","tag-block-208","tag-block-404","tag-eni","tag-oxy","tag-sonatrach","tag-totalenergies","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Eni-Sontrach-Oxy.jpg?fit=1000%2C600&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3f5","jetpack-related-posts":[{"id":12634,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-acquires-two-major-gas-fields-operated-bp\/","url_meta":{"origin":12467,"position":0},"title":"ALGERIA: Eni Acquires Two Major Gas Fields Operated by BP","author":"","date":"September 8, 2022","format":false,"excerpt":"Eni announces that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions In Amenas and In Salah (45.89% and 33.15% working interest respectively). The In Amenas and In Salah assets, which are jointly operated with Sonatrach and Equinor, are located in the Southern Sahara and\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/06\/ALGERIA-Hassi-Bir-Rekaiz-Project.jpg?fit=480%2C463&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11392,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-sonatrach-to-relaunch-production-in-the-berkine-basin\/","url_meta":{"origin":12467,"position":1},"title":"ALGERIA: Eni, Sonatrach to Relaunch Production in the Berkine Basin","author":"","date":"December 15, 2021","format":false,"excerpt":"The Chief Executive Officer of Sonatrach, Toufik Hakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and the Ambassador of Italy to Algiers Giovanni Pugliese, signed today a new oil contract related to the onshore Berkine basin\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/sonatrach.jpg?fit=1200%2C795&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12718,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-announces-the-start-of-production-from-2-gas-fields-within-the-new-berkine-south-contract\/","url_meta":{"origin":12467,"position":2},"title":"ALGERIA: Eni Announces the Start of Production from 2 Gas Fields within the New Berkine South Contract","author":"","date":"October 12, 2022","format":false,"excerpt":"Eni announces the recent start of production from two gas fields related to the Berkine Sud contract in Algeria, just 6 months after the contract was awarded through an accelerated development (fast track). The production of the Berkine South, which is the first contract to be signed under the new\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12069,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-sonatrach-make-discovery-in-zemlet-el-arbi-concession-in-the-berkine-north-basin\/","url_meta":{"origin":12467,"position":3},"title":"ALGERIA: Eni, Sonatrach Make Discovery in Zemlet el Arbi Concession in the Berkine North Basin","author":"","date":"March 21, 2022","format":false,"excerpt":"Eni and Sonatrach have announced a significant oil and associated gas discovery in the Zemlet el Arbi concession, located in the Berkine North Basin in the Algerian desert. The concession is operated by a joint venture between Eni (49%), and Sonatrach (51%). Preliminary estimates of the size of the discovery\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Photo-Rig-Sonatrach.jpg.rend_.1140.0.jpg?fit=1140%2C1140&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Photo-Rig-Sonatrach.jpg.rend_.1140.0.jpg?fit=1140%2C1140&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Photo-Rig-Sonatrach.jpg.rend_.1140.0.jpg?fit=1140%2C1140&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Photo-Rig-Sonatrach.jpg.rend_.1140.0.jpg?fit=1140%2C1140&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Photo-Rig-Sonatrach.jpg.rend_.1140.0.jpg?fit=1140%2C1140&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12496,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-announces-another-discovery-in-the-berkine-north-onshore-basin\/","url_meta":{"origin":12467,"position":4},"title":"ALGERIA: Eni announces another discovery in the Berkine North onshore basin","author":"","date":"July 26, 2022","format":false,"excerpt":"Eni and SONATRACH announce today a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the Sif Fatima II research perimeter, is the third well in the exploration drilling campaign. It led to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Algeria-Berkine-Basin.png?fit=850%2C850&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13361,"url":"https:\/\/www.oilnewskenya.com\/index.php\/algeria-eni-achieves-the-closing-for-the-acquisition-of-bps-business\/","url_meta":{"origin":12467,"position":5},"title":"Algeria: Eni Achieves the Closing for the Acquisition of BP\u2019s business","author":"","date":"March 1, 2023","format":false,"excerpt":"The operation was announced in early September, with the aim of contributing to Europe\u2019s gas needs and strengthening Eni's presence in Algeria. Eni\u00a0has\u00a0achieved\u00a0the closing for the acquisition of\u00a0BP business in Algeria, regarding the two gas-producing concessions\u00a0'In Amenas' and 'In Salah', which are jointly operated with Sonatrach and Equinor. The transaction\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/eni.jpg?fit=664%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/eni.jpg?fit=664%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/eni.jpg?fit=664%2C443&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12467"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12467\/revisions"}],"predecessor-version":[{"id":12469,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12467\/revisions\/12469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/12468"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}