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AL24 News
Arouqab leads MoU signing at NAPAC 2026
A series of memoranda of understanding and cooperation agreements were signed between Algeria and international companies in the hydrocarbons sector during the African-Mediterranean Energy and Hydrogen “NABAK 2026” exhibition and conference in Oran. The agreements include a framework for technical and regulatory cooperation between the Hydrocarbon Regulatory Authority and Italian company Eni, aimed at enhancing international standards, safety, environmental protection, and developing national capacities and expertise. The memoranda also involved cooperation with Thai company PTTEP to explore investment opportunities in Algeria's oil sector, with the goal of attracting new investments and developing international partnerships, all in line with strengthening the sector’s capabilities, attracting investments, and aligning with global market trends.
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