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Algeria’s
state-owned oil company Sonatrach and the Ghana National Petroleum
Corporation (GNPC) have signed a Memorandum of Understanding under the
auspices of the African Petroleum Producers Organisation (APPO),
formalising a strategic partnership focused on research, development, and
innovation in Africa’s oil and gas sector. Signed in
Brazzaville, Republic of Congo, in the presence of APPO Secretary General Farid
Ghezali, the agreement establishes a framework for joint opportunity
assessment, expertise sharing, and structured collaboration to support energy
security and sustainable development across the continent. The MoU underscores
APPO’s growing role in uniting African producers and reflects a broader shift
among national oil companies toward technology, innovation, and
knowledge-sharing to enhance competitiveness, reduce costs, and unlock
long-term value. Cooperation will
span advanced upstream technologies, including high-definition and 4D
seismic, AI-enabled subsurface analysis, real-time reservoir modeling,
digital oilfields, enhanced oil recovery, and asset integrity management. These capabilities
aim to improve recovery rates, extend asset life, and maximise returns from
existing infrastructure. Importantly, the
partnership integrates energy transition priorities, covering carbon
footprint reduction, low-carbon industrial solutions, hydrogen and green
technologies, as well as water, waste, and air pollution
management—supporting responsible hydrocarbon development aligned with
sustainability goals. The agreement comes
at a pivotal moment for both countries. Ghana is seeking to revitalise oil
production, advance gas monetisation, and deliver 17 planned oil and gas
projects by 2027. Algeria, one of
Africa’s largest producers, is executing a $60 billion, five-year investment
plan to sustain production and expand downstream capacity. Together, Sonatrach and GNPC set a strong precedent for African-led collaboration that supports energy security, economic growth, and sustainable development.
“APPO continues to showcase a commitment to advancing Africa’s hydrocarbon
development. This MoU shows that African NOCs are investing in innovation to
secure the continent’s energy future. Research and technology are critical to
producing oil and gas more efficiently and sustainably, while supporting the
broader energy transition. Africa needs oil and gas to develop, and
partnerships like this ensure those resources deliver long-term value for our
people,” stated NJ Ayuk, Executive Chairman, African Energy Chamber (AEC). -TradeArabia News Service |