Algerian Energy Minister Receives Halliburton’s Vice President for North Africa

The Algerian Minister of State and Minister of Energy, Mines, and Renewable Energies, Mohamed Arkab, met on Tuesday with Ahmed Helmy, the Vice President of Halliburton for the North Africa region. The discussion centered on investment opportunities within Algeria’s hydrocarbons sector, as detailed in a statement from the ministry.

The meeting took place at the ministry’s headquarters, attended by its officials and Halliburton’s representative in Algeria. Both parties reviewed the current status of cooperation and partnership between Sonatrach and Halliburton in the hydrocarbons sector, along with future development prospects, according to the statement.

They also explored potential collaboration in various areas, including oil and gas field exploration and development, petroleum services, digital solutions, modern technologies, and the training of human resources in these domains, the source added.

In this context, Arkab emphasized the necessity of strengthening cooperation with Halliburton, highlighting the company’s historical connections with Sonatrach. He pointed out the vital role of digital solutions in optimizing the exploitation of national hydrocarbon resources and ensuring their sustainability.

Furthermore, he urged the development of reserves and an increase in production levels, particularly emphasizing the promotion of local content, the cultivation of national skills, and enhanced training efforts. Arkab reiterated the ministry’s commitment to supporting Halliburton’s expansion activities in Algeria.

Additionally, the Minister of State stressed the importance of diversifying the energy mix and increasing reliance on renewable energies for the benefit of both the sector and the national economy, as stated in the report.

In response, Helmy reaffirmed Halliburton’s commitment to strengthening its presence in Algeria, commending the positive developments in the energy sector resulting from reforms aimed at improving the investment climate.

He reiterated the company’s dedication to providing innovative solutions and advanced technologies, contributing to local content promotion, supporting training initiatives, and establishing mutually beneficial investment partnerships, the statement concluded.