The Chairman of the Board of the National Oil Corporation, Farhat Bengdara held a meeting today, Sunday, with the Director-General of the company, Rashid Hashishi, and several officials to follow up on the progress made so far.
During the meeting, the first amendment to the Memorandum of Understanding signed between the Corporation and Sonatrach on February 10, 2022, was signed. The amendment includes extending the period of the Memorandum of Understanding for two years, expanding the areas of technical cooperation in the oil, gas, and alternative energy industries, as well as training and exchange of experiences.
Extensions were also signed for the appendices of the “Epsa” agreements for Zone 95/96 and Zone 65, compensating for the interruption period due to force majeure until Sonatrach can return to complete the remaining contractual commitments as soon as possible.