SONATRACH and Anton Oilfield Services sign MoU on unconventional resources and EOR
- MoU signed in Beijing on 29 August 2026 during SONATRACH Chairman & CEO Nour Eddine DAOUDI's visit with a high-level delegation.
- Agreement will assess development of unconventional resources, marginal deposits and EOR solutions.
- Includes plans to explore local manufacture of completion tools and equipment for natural gas.
- Agreement promotes technical expertise exchange, technology transfer and capacity-building; Anton Oilfield Services is listed on the Hong Kong Stock Exchange.
Signing
SONATRACH and Anton Oilfield Services Group signed a Memorandum of Understanding in Beijing on 29 August 2026 during the visit to China by SONATRACH Chairman & Chief Executive Officer Nour Eddine DAOUDI, who was accompanied by a high-level delegation.
Scope
The Memorandum of Understanding aims to assess development prospects for unconventional resources and marginal deposits, evaluate enhanced oil recovery (EOR) solutions, and explore manufacturing of local completion tools and equipment for natural gas.
Collaboration focus
The cooperation promotes exchange of technical expertise, technology transfer and initiatives to enhance capacities in the oil & gas sector, notably for unconventional resources.
Partner note
Anton Oilfield Services Group is listed on the Hong Kong Stock Exchange.
Source: SONATRACH
