Sonatrach and Equinor sign memorandum of understanding on exploration and production in Algeria

Sonatrach signed on 17th May a Memorandum of Understanding with the Norwegian oil and gas company Equinor to strengthen the existing partnership in oil exploration and production in Algeria and beyond.

The new deal also includes a partnership on new technologies and environmental protection in current and new projects, particularly emissions reduction and carbon capture, improvement of recovery figures and development of a flexible operating model.