Arkab reçoit une délégation du groupe omanais Mohammed Al-Barwani
Summary of the Meeting Between Algerian and Omani Delegates
On Wednesday, in Algiers, the Algerian Minister of State for Energy, Mines, and Renewable Energies, Mohamed Arkab, welcomed a high-level delegation from the Omani group "Mohammed Al-Barwani," led by its Chairman, Mohammed Al-Barwani. The meeting focused on exploring investment opportunities in Algeria, as reported by the Ministry of Energy.
Context and Participants
The meeting took place at the Ministry’s headquarters and was attended by the Secretary of State for Mining, Karima Tafer, and Belkacem Soltani, CEO of Sonarem. This discussion aligns with efforts to strengthen Algerian-Omani relations, particularly following Algerian President Abdelmadjid Tebboune’s visit to Oman in October, which set the stage for enhanced economic partnerships, especially in energy, mining, and renewable sectors.
Investment Opportunities Discussed
The discussions included potential cooperation and investment avenues in energy, mining, and renewable energies. Key areas highlighted were:
- Hydrocarbons: Development of hydrocarbon fields, transformation industries, and petrochemical projects.
- Mining: Strategic projects focusing on the exploration and processing of resources such as phosphate, iron, copper, and zinc.
- Engineering Services: Project management and engineering support throughout the industrial value chain.
Minister Arkab shared a strategic vision for the sector, detailing ongoing development programs in oil, gas, petrochemicals, seawater desalination, electricity production and transportation, renewable energy, green hydrogen, and geothermal energy. He emphasized the attractive investment landscape shaped by a new incentive framework consistent with sustainable national development priorities.
Omani Group’s Interests
Al-Barwani expressed his group’s desire to invest in the hydrocarbon sector and expand into other areas. He acknowledged Algeria’s vast natural resources and praised the country’s economic and legal reforms aimed at boosting foreign investment. Al-Barwani voiced commitment to enhancing cooperation with Algerian partners, exchanging technical and technological expertise, particularly in energy transition and the development of energy and mining industries.
About the Mohammed Al-Barwani Group
Established in 1982 in Oman, the Mohammed Al-Barwani Group operates in over 20 countries across four continents, specializing in oil and gas, engineering services, mining, investment, and real estate. Its portfolio includes subsidiaries like Petrogas (exploration and production), Mawarid Mining, United Engineering Services, and Musstir, which focuses on tourism and real estate development.
In conclusion, this meeting represents a significant effort to enhance bilateral economic relations between Algeria and Oman, focusing on mutual investment opportunities and technological partnerships in various sectors, primarily energy and mining.
