Algeria's Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation
ReutersApr 16, 2025 12:26 AM
CAIRO, April 16 (Reuters) - Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum OXY.N to expand cooperation in hydrocarbon exploration and production in Algeria, Sonatrach said in a statement.
The MOUs were signed on Monday on the sidelines of the US-Algeria Energy Forum 2025.
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