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November 25, 2024 | 1 month ago

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Sonatrach: Hachichi receives a delegation from an Omani company

Sonatrach: Hachichi receives a delegation from an Omani company.

Algeria Invest
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This meeting “follows the conclusions of the memorandum of cooperation signed on April 24, 2024, in the Omani capital, Muscat, between Sonatrach and OQ Exploration and Production”. As part of the implementation of this memorandum, the Omani delegation will hold a series of technical meetings with Sonatrach representatives from 24 to 28 November to review areas of partnership, identify investment opportunities in the upstream sector and establish a detailed roadmap for the implementation of the agreed clauses of the memorandum," the statement said.

During the visit, the Omani delegation will also "visit Sonatrach's facilities and take the opportunity to exchange expertise and deepen cooperation between the two parties".

OQ Exploration & Production is a subsidiary of the Omani group OQ Global Integrated Energy Company, which operates in the energy sector in 17 countries. According to the same source, its activities cover the entire value chain, including oil and gas exploration and production, refining and petrochemicals, and distribution and marketing of finished products in more than 80 countries worldwide.

The Sonatrach Group, the statement added, is constantly seeking to diversify its international partnerships and strengthen cooperation in the oil and gas sector, while focusing on the development of alternative energy projects, as part of its strategic vision to adapt to global changes in the energy sector.

November 25, 2024 | algeria-logo

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