Equinor and Sonatrach sign MoU
Norway’s Equinor and Sonatrach signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally.
The signing of the MoU strengthens the existing partnership between Equinor and Sonatrach. The MoU also includes cooperation within greenhouse gas emissions and carbon management, industrial safety management, implementation of technology to increase hydrocarbon recovery and development of a model for driving high-performance oil operations.
Equinor entered Algeria in 2004. Current assets include In Salah and In Amenas, as well as a partnership on exploration in the Timissit licence.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More oil news
Isuzu to Build Car Plant in South Carolina as Trump Tariffs Loom
SoftBank Weighs Debt-Heavy Financing in $500 Billion AI Push
Stocks Climb as Traders Brush Aside Tariff Threats: Markets Wrap
Moove Works to Control Fire Within Complex in Rio de Janeiro
Stocks Slide as Tariff Angst Adds to Price Worries: Markets Wrap
China’s Oil Teapots Cut Runs to Pandemic Levels After Sanctions
China Refiners Set to Resell US Oil Cargoes After Tariff Blitz
Shell starts up new facility in UK North Sea, restoring production from the Penguins field
Oil Falls to Lowest Settlement Price of 2025 as Traders Flee
