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July 17, 2025 | 3 months ago

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Exxon Mobil wants to finalize and launch its projects

There are increasing signs of an energy partnership between Algeria and two American majors, ExxonMobil and Chevron. After months of discussions, the process seems to be gaining momentum, marked by a series of high-level meetings between the leaders of these groups and the country's highest authorities.

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Algeria is strengthening its energy partnerships with US majors ExxonMobil and Chevron, in a strategic move supported by high-level diplomatic meetings. The main objective is to develop the country's hydrocarbon resources while modernizing the sector through technology transfer and innovation.

These exchanges are part of a strong political commitment to ensuring a favourable investment climate. Algeria is counting on its advantageous geographical position, close to the European market, and its gas infrastructures to meet the growing demand for natural gas, a key energy source in the global transition.

Sonatrach, a key player in this ambition, is seeking to adapt its industrial model to new market challenges. The company aims to increase production, integrate advanced technologies, and diversify energy sources. Collaboration with international partners (like ExxonMobil) reinforces this long-term strategy, while consolidating national energy security and the sector's global competitiveness.

July 17, 2025 | algeria-logo

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