Algeria's Sonatrach and Antón Group sign MOU

Sonatrach, the Algerian oil company, and China's Anton Oilfield Services Group signed a Memorandum of Understanding to strengthen cooperation in the oil and gas sector. The agreement aims to assess opportunities for developing unconventional resources and marginal reservoirs, as well as enhanced oil recovery solutions and local manufacturing of oil and gas field equipment. This collaboration comes within the framework of Sonatrach's CEO's visit to China and includes the exchange of technical expertise and technology transfer to enhance capabilities in the field of unconventional resources.

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