Equinor and Sonatrach sign E&P MoU

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 17 May 2021 15:10

Equinor and Sonatrach have signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally.

The MoU also includes possible 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.

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