Libya’s National Oil Corporation (NOC) and Algeria’s state energy giant Sonatrach have signed four memorandums of understanding (MoUs) to strengthen technical and scientific cooperation in the energy sector.
The agreements, signed on Wednesday, August 6, 2025, aim to enhance collaboration in geophysical exploration, oilfield services, applied research, and professional training.
Under the terms of the MoUs, both companies will work together through their respective geophysical and drilling service units, jointly develop research and development (R&D) programs, and implement capacity-building initiatives. The partnership reflects a shared commitment to deeper regional integration in the hydrocarbons sector, leveraging the technological synergies between the two national oil companies.
This renewed cooperation comes at a time when Libya’s oil industry is gradually recovering, though still facing security, logistical, and governance challenges. For Sonatrach, the agreements offer an opportunity to strengthen its presence in a rapidly evolving regional energy landscape, while diversifying its portfolio of technical partnerships.
While the two state-owned companies have historically maintained close ties in upstream activities, the newly signed MoUs aim to further institutionalize collaboration in both technology transfer and human capital development. The goal is to enhance the capabilities of national operators through knowledge-sharing, in a sector still dominated by major international players in high-value segments.
These agreements mark a new chapter in Libya-Algeria energy relations, as both countries seek to consolidate their regional influence in the face of growing competition from other Mediterranean and African energy producers.
MK/ac/sf/lb/as/APA