Algeria M&A | PTTEP acquires ENGIE’s interest in the Touat gas fields in Algeria
December 22, 2024
On 20 December 2024, PTTEP’s acquisition of ENGIE’s stake in the Touat gas project in Algeria was announced. No consideration was revealed. The project is located in the Sahara Desert, 1,500 km southwest of Algiers and includes the development of ten gas fields that were discovered in the 2000s.