Royal Dutch Shell Plc  .com Rotating Header Image

PandCT.com: Shell and Sonatrach sign Memorandum of Understanding

Royal Dutch Shell plc (“Shell”) and Sonatrach, the Algerian national energy company, have signed a Memorandum of Understanding covering multiple business initiatives, both in Algeria and internationally.
Areas of cooperation will include investigating the commercial and technical feasibility for joint developments in Algeria, including upstream development projects, LNG, products and marketing and investigating and evaluating possible asset swap transactions for upstream exploration, development and appraisal projects.
The agreement was signed in the presence of Mohamed Meziane, PDG Sonatrach and on behalf of Shell by Catherine Tanna, Executive Vice President, Africa at a signing ceremony in Algiers.
Ms. Tanna said: “This agreement confirms Shell's interest in investing in Algeria and the growing relationship between our two companies. In this agreement, Shell sees an important opportunity to build on our current activities and relationships in the country by developing new projects and initiatives jointly with Sonatrach, in Algeria and internationally.”
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 145 countries with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects including wind and solar power. For further information, visit www.shell.com

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “PandCT.com: Shell and Sonatrach sign Memorandum of Understanding”

Leave a Comment

%d bloggers like this: