✏️ BY: Dr. Hana Saada
Algiers, Algeria | June 7th, 2024 — In a significant move aimed at strengthening bilateral relations and expanding collaboration in the energy sector, Algeria’s state-owned oil and gas company, Sonatrach, has entered into a memorandum of understanding (MoU) with the Chinese conglomerate SINOPEC. The MoU, formalized during a working visit to China by Sonatrach’s President and CEO, Mr. Rachid Hachichi, signifies a pivotal moment in the ongoing partnership between the two entities.
The signing ceremony, held at SINOPEC’s headquarters in Beijing, was attended by SINOPEC’s CEO, Mr. Ma Yongsheng, and Mr. Hachichi. The agreement underscores the commitment of both companies to deepen their existing relationship and explore new avenues of collaboration across the hydrocarbon value chain.
According to a press release issued by Sonatrach, the scope of cooperation outlined in the agreement includes various facets of the energy industry, such as the exploration and development of complex reservoirs, renewable energies, petrochemicals, petroleum engineering, and skills development. This comprehensive collaboration underscores the shared vision of Sonatrach and SINOPEC in pursuing mutually beneficial opportunities and addressing the evolving needs of the global energy landscape.
The strategic partnership between Sonatrach and SINOPEC dates back to 2002, when SINOPEC first established its presence in Algeria. Since then, the two companies have collaborated on numerous projects, including the joint operation of the Zarzaitine oil field under a hydrocarbon contract signed in May 2022. This partnership, governed by Algeria’s hydrocarbon legislation, has showcased the success of international cooperation in maximizing Algeria’s hydrocarbon resources.
As Algeria continues to assert itself as a key player in the global energy market, partnerships with leading international firms like SINOPEC are instrumental in driving innovation, facilitating technological exchange, and supporting sustainable development initiatives.
https://www.facebook.com/watch/?v=1142061696838974&locale=fr_FR
About Dzair Tube Media Group
Dzair Tube has firmly established itself as a prominent player among Algerian digital news sites, offering a diverse and enriching content experience. The platform, available in Arabic, French, and English editions, captures the attention of a wide-ranging audience, amassing over half a million daily clicks.
A testament to its commitment to excellence, Dzair Tube received the prestigious President of the Republic’s Award for Professional Journalist in the Electronic Press category on October 22, 2022. This recognition underscores the platform’s unwavering dedication to upholding the highest standards of journalism.
With a significant online presence, Dzair Tube boasts 350,000 subscribers on YouTube, over five million followers on various Facebook pages, and 450,000 subscribers on Instagram. Its digital channel has become a hub for diverse programming, covering news, sports, entertainment, culture, and religion, catering to a broad spectrum of audience preferences.
Equipped with state-of-the-art studios and advanced technology, Dzair Tube’s digital channel has garnered substantial viewership for its varied programs. Hosting interactive discussions with influential figures across different domains, the platform actively fosters public discourse and engagement. Beyond news coverage, Dzair Tube extends its commitment to the production of marketing documentaries, short TV commercials, and high-viewership programs.
The success of the print edition of Dzair Tube’s sports newspaper, “Dzair Sport,” further highlights the platform’s impact, with over 50,000 daily downloads from the official Dzair Tube website.
Honored with the Media Leadership Award from the Minister of Communication, Mohamed Laâgab, Dzair Tube continues to shape the landscape of Algerian digital news, maintaining a position of influence and impact in the media industry.
