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Illizi is a large province (wilaya) in the south-eastern corner of Algeria named after its eponymous seat. It borders Ouargla Province to the north, Tunisia to the extreme northeast, Libya to the east, Djanet Province to the south and, to the west, In Salah Province and Tamanrasset Province. As of the 2008 census, the province had a population of 52,333 and an annual growth rate of 4.5%.
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Sonatrach 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". In 2021, Sonatrach was the seventh largest gas company in the world.
Eni S.p.A. is an Italian multinational energy company headquartered in Rome. One of the "supermajor" oil companies in the world, with a market capitalization of €48 billion, as of 31 December 2022. The Italian government owns a 30.33% golden share in the company, 4.37% held through the Ministry of Economy and Finance and 25.96% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.
The Trans-Saharan gas pipeline is a planned natural gas pipeline from Nigeria to Algeria. It is seen as an opportunity to diversify the European Union's gas supplies.
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Petrofac Limited is an international energy services company that designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure, and trains the people who support them. It operates in a range of markets from design to decommissioning. It is registered in Jersey, with its main corporate office on Jermyn Street, London. It has 7,950 employees across more than 30 offices globally. The company is listed on the London Stock Exchange.
Hydrocarbons are the leading sector in Algeria's mineral industry, which includes diverse but modest production of metals and industrial minerals. In 2006, helium production in Algeria accounted for about 13% of total world output. Hydrocarbons produced in Algeria accounted for about 2.9% of total world natural gas output and about 2.2% of total world crude oil output in 2006. Algeria held about 21% of total world identified resources of helium, 2.5% of total world natural gas reserves, and about 1% of total world crude oil reserves.
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Melrose Resources plc was an independent upstream oil and gas E&P company founded in 1992, it was first listed on the London Stock Exchange in 1999. The company was headquartered in Edinburgh, UK with international offices in the countries where its operations were located. Its activities were focused on Egypt, Bulgaria, France, Romania, Turkey and the United States.
Algeria's economy continued to recover in the first half of 2022, led by a return of oil production to pre-pandemic levels and a continued recovery of the service sector along with a more vigorous agricultural activity. The recovery should continue into 2023, supported by the nonhydrocarbon sector and public expenditure growth, according to the latest edition of the World Bank's Algeria Economic Update.
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Dragon Oil Holdings LLC is an independent international oil and gas exploration, development and production business. It is based and registered in Dubai and its operations are primarily located in Turkmenistan. The company was listed on the Irish Stock Exchange until it was acquired by the Emirates National Oil Company (ENOC). It is now a wholly owned upstream subsidiary of the ENOC-Group.
The Ain Tsila gas field is a natural gas field located in the Illizi Province. It was discovered in 2012 and developed by Petroceltic International. Production is expected to begin in 2020-21 and will produce natural gas and condensates. The total proven reserves of the Ain Tsila gas field are around 10.1 trillion cubic feet (289×109m³), although there is no acquired well test data to support this figure. Production is slated to be around 350 million cubic feet/day (10×105m³).
ENN Energy Holdings Limited is a company listed on the Hong Kong Stock Exchange. It is one of the four listed companies owned by ENN Group, one of the largest private energy groups in China. The other three are ENN Ecological Holdings, ENC Digital Technology Co., Ltd and Tibet Tourism Co., Ltd.Archived 2020-09-17 at the Wayback Machine.
Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall Holding GmbH and DEA Deutsche Erdoel AG. BASF SE has a 67% stake in it, with the other 33% being held by LetterOne, whose main ultimate owner is the Russian business magnate Mikhail Fridman. As of 2020 it was planning listing on the Frankfurt Stock Exchange.
References
- ↑ 'Petroceltic Regulatory Announcement 29 July 2004 – PETROCELTIC WINS MAJOR GAS BLOCKS IN ALGERIA BID ROUND'
- ↑ "Algeria – Petroceltic International PLC". Archived from the original on 4 October 2013. Retrieved 1 October 2013.'Petroceltic Website, Operations – Algeria'
