Sonatrach of Algeria Holds Talks with Occidental Petroleum of the United States on Oil and Gas Development Technology Cooperation

en.Wedoany.com Reported - On October 16, Nour Eddine Daoudi, Chairman and CEO of Algeria's national oil company Sonatrach, held talks with the management of Occidental Petroleum Corporation (OXY) of the United States in Houston, discussing the two sides' existing oil and gas cooperation in Algeria's Berkine Basin and subsequent development opportunities. The talks focused on the United States' experience in developing unconventional oil and gas resources, enhanced oil recovery (EOR) technologies, and the application of non-metallic pipes. The two sides also exchanged views on short-, medium-, and long-term cooperation opportunities.

The two sides had previously carried out oil and gas development and technical cooperation in the Berkine Basin. In 2022, Sonatrach signed oil and gas contracts with Occidental Petroleum, Eni, and TotalEnergies covering Blocks 404 and 208; in October 2024, Sonatrach and Occidental Petroleum signed a memorandum of understanding on exploration and appraisal activities in the Berkine Center block. In 2025, the two companies signed two additional technical cooperation agreements, covering research on complex carbonate reservoirs and the development of enhanced oil recovery technologies, respectively. The Houston talks were held during the visit of Sonatrach's management to the United States from October 12 to 16.