2023-06-01 09:36:50
ALGIERS – The Minister of Energy and Mines, Mohamed Arkab received, Wednesday in Algiers, the CEO of the “WEG” group, Harry Schmelzer Jr., with whom he discussed the opportunities to strengthen cooperation between companies in the sector and the Brazilian group, said a press release from the ministry.
The meeting took place in the presence of the CEO of Sonatrach, the president of the Hydrocarbons Regulatory Authority (ARH) and executives from the ministry, on the sidelines of the signing ceremony of a memorandum of understanding, supervised by Mr. Arkab, between Sonatrach and the Brazilian group WEG SA.
The two parties welcomed, on this occasion, the results of the visits of WEG officials to Algeria and the many exchanges with companies in the sector, welcoming with satisfaction the signing of the memorandum of understanding with “Sonatrach”, according to the press release.
Discussions also focused on examining “new opportunities for the development of cooperative relations between companies in the sector and the WEG group in the field of energy and mining”.
The two parties discussed “the various areas that offer opportunities for developing partnerships, exchanging experiences and finding solutions to common interests, particularly in terms of renewable energies (wind energy), training and technology transfer”. , the statement added.
On this occasion, Harry Schmelzer Jr expressed his optimism for the development of a beneficial partnership with Sonatrach, expressing the desire of the “WEG AS” Group to strengthen its presence in Algeria and create mutually beneficial partnerships with Algerian companies.
The signing of the memorandum of understanding is part of “the strengthening of Algerian-Brazilian cooperation relations in the field of energy and mines, following the meeting granted by the Minister of Energy and Mines to officials of the Brazilian group in July 2022,” the statement said.
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