Chinese Firm Secures Key Gas Block in Algeria

Chinese Firm Secures Key Gas Block in Algeria

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said. Algeria’s National Agency for the Valorization of Hydrocarbon Resources, ALNAFT, has awarded the Chinese firm an exploration contract for the Zerafa II gas block.  ZPEC won the block in competition with French supermajor TotalEnergies and a …

European Majors And New Entrants Secure Key Algeria Blocks In ‘Successful’ Bid Round

Algeria is celebrating the ‘success’ of its latest bid round with winners including European majors Eni and TotalEnergies, as well as China’s Sinopec and n...

TotalEnergies, QatarEnergy secure Ahara exploration license in Algeria

TotalEnergies and QatarEnergy have jointly been awarded the Ahara exploration license in Algeria. This follows 2024 licensing round conducted under the new hydrocarbon law No. 19-13. The Ahara block spans approximately 14,900 square kilometers and is strategically located at the confluence of the resource-rich Berkine and Illizi basins. TotalEnergies will serve as the operator during […] The post TotalEnergies, QatarEnergy secure Ahara explorati…

China Begins Conquest of Algerian Gas? - Economic Scenarios

Zhongman Petroleum and Natural Gas Group (ZPEC), a Chinese independent oil and gas company listed on the Shanghai Stock Exchange, has been awarded a

Zhongman Petroleum Awarded Natural Gas Block in Algeria

China’s Zhongman Petroleum and Natural Gas Group (ZPEC) said it won a tender to explore and develop a natural gas block in Algeria under a production sharing contract, marking the company’s first hydrocarbon exploration in Africa. The Shanghai-listed independent oil and gas explorer was awarded the contract by Algeria’s National Agency for the Valorization of … The post China’s Zhongman Petroleum Awarded Natural Gas Block in Algeria first appear…