SONATRACH, Oxy Enter Agreements to Expand Hydrocarbon Cooperation

SONATRACH, Oxy Enter Agreements to Expand Hydrocarbon Cooperation

On the sidelines of the US-Algeria Energy Forum 2025, SONATRACH and its partner, Occidental Petroleum (Oxy), signed two Memoranda of Understanding (MoUs) to consolidate and expand their cooperation through new partnership opportunities in hydrocarbon exploration and production in Algeria.

The first MoU defines the framework for discussions in regards to assessing cooperation opportunities to develop carbonate reservoirs. The second focuses on the implementation of Enhanced Oil Recovery (EOR) techniques, with the aim of optimizing production and improving final recovery factors.

It is worth mentioning that SONATRACH and Oxy, along with two other partners, are jointly developing the contractual area in Berkine under a hydrocarbon contract signed on 19 July 2022.

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Fatma Ahmed 2172 Posts

Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.

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