1 Day
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الجمهورية
Argaib hosts Madad Energy CEO
Minister of Petroleum Mohamed Arkab welcomed Sheikh Abdulilah bin Mohammed bin Abdullah Al Eiban, the President and CEO of Madad Energía – North Africa, from Saudi Arabia. The discussion focused on cooperation between Sonatrach and the Saudi company, especially following the signing of the contract for the "El Gueil South" project in the El Gueil Basin. Both parties emphasized the importance of this project as part of Algeria’s strategies for exploring and exploiting hydrocarbons, with an emphasis on implementing the technical and organizational program, enhancing investment opportunities, developing local content, and technology exchange. They also discussed expanding future areas of cooperation and supporting the strategic partnership between the two sides.
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