OMV, Sonatrach Sign MoU for Collaboration on Upstream Activities in Algeria
July 30 2020 - 4:58AM
Dow Jones News
By Pietro Lombardi
OMV AG and Algeria's state-owned oil company Sonatrach have
signed a memorandum of understanding to collaborate in the north
African country.
The agreement aims to "identify potential upstream opportunities
where the two parties can jointly invest in exploration or
development and production projects," the Austrian oil-and-gas
company said Thursday.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com;
@pietrolombard10
(END) Dow Jones Newswires
July 30, 2020 04:43 ET (08:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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