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Algerian company "Sonatrach" has signed a memorandum of understanding with Chinese company "Sinopec" to strengthen cooperation in traditional and unconventional hydrocarbon projects, develop complex reservoirs, as well as petrochemical and helium industries. The purpose of the protocol is to reinforce relationships and expand partnership in fields such as petroleum engineering, renewable energy, modern technologies, and talent development. This agreement comes as a follow-up to the results of a previous protocol from 2024, aiming to explore new opportunities and enhance collaboration across the hydrocarbon value chain.
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