Algiers: The National Agency for the Development of Hydrocarbon Resources “Alnaft” has granted a five-year pre-qualification certificate to the Omani company ‘Ara Petroleum E and P LLC,’ Alnaft said Wednesday in a press release.
According to Algeria Press Service, this certification enables Ara Petroleum to engage in exploration and production activities within Algeria’s hydrocarbon sector. The five-year period signifies a significant opportunity for Ara Petroleum to establish and expand its operations in the region. The collaboration is expected to bolster the energy sector and encourage further international partnerships in Algeria.