Algerian oil company signs partnership accord with Australian BHB group

The Algerian State-owned oil company Sonatrach and the Australian BHB oil group signed Wednesday in Algiers an agreement for the management and exploitation of the oil and gas fields found in south Algiers.

Under the agreement, the Australian group pledged to develop the oil and gas fields and foster partnership with Algerian state company in oil exploration and related scientific research and technical training.