9 Hrs
Source:
AL24 News
Sonatrach Looks to Grow US Partnerships
The visit of the Algerian Sonatrach complex to the United States focused on expanding and strengthening cooperation with major American energy companies, particularly ExxonMobil, Halliburton, and Devon Energy. Discussions revolved around prospects for collaboration in oil and gas exploration and production, including the development of resources in the Ahnet and Gourara basins, with a memorandum of understanding signed in May 2024. There was also an emphasis on technological and digital solutions, such as artificial intelligence and carbon footprint reduction techniques, as well as investing in new opportunities in upstream activities and energy. These meetings aim to transfer technology and expertise and to develop national energy resources in a sustainable manner.
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