Algeria’s Sonatrach and Exxon Mobil sign hydrocarbons development deal

DUBAI (Reuters) – Sonatrach has signed an agreement with U.S. oil major Exxon Mobil to allow the study of opportunities to develop hydrocarbon resources in Algeria’s Ahnet and Gourara basins, the state-owned Algerian oil and gas group said on Thursday.

(Reporting by Jana Choukeir and Nayera Abdallah; Editing by David Goodman)

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