Algiers, 20 May 2025.
The Chairman & CEO of the SONATRACH Group , M. Rachid HACHICHI, met on 20 May 2025 at the headquarters of SONATRACH Managing Direction, a high-level delegation from the Multinational Corporation SLB, led by its Chairman & CEO Mr. Oliver LE PEUCH in the presence of the Senior Executives of both companies
During this meeting, the discussions focused on the numerous aspects of the partnership which has been established for decades between SONATRACH and SLB , notably, the services and integrated solutions provided by SLB such as reservoirs engineering, drilling technologies, geological formation analysis and data management as well as modern digital solutions. The discussions also highlighted the importance of strengthening this partnership by exploring new opportunities for cooperation, particularly in improving the recovery rate of production wells, optimizing logistics solutions and well services, and supporting SONATRACH’s digital transformation.
In this context, boosting the activities of the joint venture “Sahara,” specializing in oil services, was discussed, with the aim of adapting its development program to the requirements of the national market and further integrating local content into its activities.
The meeting also addressed training aspects in SLB’s areas of expertise, which are of paramount importance for the training of SONATRACH engineers. Furthermore, Mr. HACHICHI emphasized the adoption of best technological practices developed by SLB in the field of oil services. It is worth noting that SLB, headquartered in Houston, Texas, USA, is one of the world’s leading companies specializing in technology solutions and services for the energy sector, as well as in the development of innovative technologies for renewable energy, carbon capture and storage, and clean hydrogen.