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Monday, July 24, 2023
Algerian state firm Sonatrach and the Société Nationale de Pétrole Congolaise (SNPC) have signed a Memorandum of Understanding (MoU) following a meeting of executives in Algiers.
During this meeting, the two parties discussed the prospects for cooperation between the two companies and signed a MoU to lay the foundations for effective and lasting collaboration, in the fields of exploration through to the marketing of hydrocarbons. The pact includes the development, transport, processing, distribution, and supply of petroleum products as well as the exchange of expertise and experience and the development of professional skills, and the training of SNPC personnel.
The Congolese delegation visited several Sonatrach facilities, such as the Hassi Messaoud oil field, the Hassi R’mel gas field, the Arzew Industrial Zone, and the Algiers Refinery, as well as the training institutions of IAP in Boumerdes and Sonatrach Management Academy in Oran.
The SNPC delegation was led by its Managing Director, Maixent Raoul Ominga accompanied by several managing directors of subsidiaries and SNPC managers and was received by Sonatrach Chairman and Managing Director Toufik Hakkar and other company executives.
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