- BUSINESS MEETINGS AND AGREEMENTS
- NATURAL RESOURCES
Oran (Algeria), 17 April 2018 – The Chairman and General Manager of the Algerian state company SONATRACH, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, today signed a series of agreements aimed at strengthening the integration between the two companies in jointly operated activities in the country. This will be achieved through important synergies that will lead to significant cost savings and improved operational efficiency.
The launch of an ambitious exploration and development program in the Berkine basin will be particularly important. It will lead to the production of new gas reserves through the use and optimization of existing infrastructures.
Eni and SONATRACH have also signed specific agreements to continue their collaboration in the R&D sector, following the agreements concluded in November 2016.
The signing of these major agreements took place within the technical event “11èmes journées scientifiques et techniques”, organized by SONATRACH to promote innovation in the global context of the energy transition.
Eni's CEO, Claudio Descalzi, commented: «The renewed collaboration between our companies, enshrined in today's agreements, allows Eni to make a further important step forward in a key country like Algeria and to consolidate further our strategic partnership with SONATRACH. Furthermore, the forthcoming construction of a renewable energy laboratory and of a photovoltaic plant at the BRN production site is another step in Eni's decarbonisation process. This process includes the development of green businesses through increasing commitment to renewable energy sources and to scientific and technological research».
Eni has been present in Algeria since 1981 and currently participates in 32 mining permits with an equity production in the country of about 100,000 barrels of oil equivalent a day, which makes the company the main international player in the country.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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