Arqab chairs MOUs at NABAK 2026
The Algerian Minister of Petroleum, Mohamed Arkab, signed a number of memoranda of understanding and cooperation agreements during the Africa and Mediterranean Energy and Hydrogen Conference and Exhibition "NAPEC 2026" in Oran, aimed at strengthening cooperation and exchanging expertise in the hydrocarbons sector. The agreements included a framework of cooperation between the Petroleum Regulatory Authority and Italian company Eni to develop technical standards, health, safety, and environmental protection, as well as to enhance training and develop national competencies. Additionally, a memorandum of understanding was signed between the National Agency for the Valorization of Hydrocarbon Resources and the Thai company PTT Exploration and Production to explore investment opportunities in Algeria, with the goal of attracting new investments, fostering international partnerships, and supporting the development of the hydrocarbons sector in Algeria.
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