Sonatrach issued the following announcement on Aug. 17.

The national hydrocarbons company SONATRACH and its partner Wintershall Dea have signed a memorandum of understanding in order to examine the possibilities of cooperation in the fields of exploration, development and production of hydrocarbons in Algeria and internationally , a statement from SONATRACH said on Monday.

The signing of this protocol aims to strengthen the existing partnership between SONATRACH and Wintershall Dea, through the search for new cooperation opportunities, the same source said.

The company Wintershall Dea has been present in Algeria since 2002. It has participated in the development of the Reggane Nord project, since it went into production in 2017, the document recalled. (APS)

Original source: https://sonatrach.com/actualites/hydrocarbures-sonatrach-et-wintershall-dea-signent-un-memorandum-dentente