Sonatrach CEO discusses partnership with Omani OQ Exploration & Production delegation

ALGIERS- The chairman and CEO of Sonatrach, Rachid Hachichi, received Sunday in Algiers, a high-level delegation of the Omani company OQ Exploration & Production, with whom he discussed several bilateral partnership issues, the group said in a statement.

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The meeting "is a follow-up to the MoU on cooperation signed on 24 April 2024 in the Omani capital, Muscat, between Sonatrach and OQ Exploration & Production."

As part of the implementation of the memorandum, the Omani delegation will hold on November 24-28 a series of technical meetings with the representatives of Sonatrach, to discuss partnership, identify investment opportunities in the upstream sector and develop a detailed roadmap for the implementation of the MoU, the statement said.

During its stay in Algeria, the Omani delegation may also "visit the facilities of

Sonatrach and seize the opportunity to exchange expertise and deepen cooperation between the two sides."

OQ Exploration & Production is one of the subsidiaries of the Omani group OQ Global Integrated Energy Company, operating in the sector of energy in 17 countries.

Its activities cover the entire value chain, including oil and gas exploration and production, refining and petrochemicals, distribution and marketing of finished products in more than 80 countries, according to the statement.

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