AFP reported that Algerian oil group Sonatrach and South Korean firm GS Engineering and Construction signed MoU with a view to creating a joint venture.

Under the agreement GS will share its expertise with the publicly owned Algerian company for carrying out engineering studies construction supervision project management and auditing installations

Mr Woo Chan Lee VP of Algerian oil investment GS said that we have know how and much experience in the engineering sector which we will put at the disposal of upon the signing of the MoU in the Algerian capital.

Source - AFP

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