On 29 July 2020 CEPSA CEO Philippe Boisseau and Sonatrach CEO Toufik Hakkar met in Algiers. The two companies signed a Memorandum of Understanding (MOU) on expanding collaboration in upstream activities. The agreement provides tor joint work aimed at identifying exploration, development and production opportunities based on the new hydrocarbons law. Under the MOU, both companies will investigate opportunities to jointly invest in hydrocarbon projects outside of Algeria.  E&P activities of Cepsa in Algeria are as follows. the company operates the Rhourde El Krouf, Ourhoud and Bir El Msana fields in the Berkine Basin. The combined production of these three fields is 130,000 b/d of oil. In the same basin, the company is also developing the Kechen En Nasseur oil discovery in the Rhourde Er Rouni II block. In the Timimoun Basin, Cepsa partners Total for the Timimoun gas development project which came on stream in 2018 and produces around 170 MMcf/d of gas.
Algeria (Ghadames B.) Rhourde El Krouf