Petroleum Africa
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Monday, February 1, 2021
Within the framework of the existing partnership relations, Sonatrach and its Western partners, Eni, and Total proceeded to sign a Memorandum of Understanding on January 31 aiming to consolidate their relations and their historic partnership in the perimeter contract located in blocks 404 and 208 of the Berkine Basin.
The purpose of this Memorandum of Understanding is to draw up a roadmap for the conclusion of a hydrocarbons contract in the Berkine Basin, under the aegis of the new system governing hydrocarbon activities.
The parties will use the means and resources to achieve this objective.
This agreement reflects the desire of Sonatrach and its partners to consolidate their traditional relationships and develop their cooperation through the search for new partnership opportunities
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