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The two companies plan to "study the existing opportunities to develop the hydrocarbon resources in the Ahnet basin and the Gourara basin" in southern Algeria, Sonatrach said in a statement.
Algeria's state oil company Sonatrach has signed a memorandum with ExxonMobil to develop two gas fields in the North African country.
The presidents of Algeria and Mauritania opened on Thursday a gate at the border of the two north African countries to strengthen bilateral ties and boost trade. The leaders have also...
CASSIDY RICHENS reviews Canberra Qwire's "30th Anniversary Concert" at Llewellyn Hall.
In Morocco, an earthquake left thousands dead. In Libya, floods washed neighborhoods away. But lifesaving help is snarled in politics and rivalries.