Algeria’s national oil company, SONATRACH, has appointed Nour Eddine Daoudi as the new Chairman and Chief Executive Officer (CEO) of the SONATRACH Group.
He succeeds Mr. Rachid Hachichi and assumed office earlier this week following a brief ceremony attended by the Minister of State for Hydrocarbons and Mines, Mr. Mohamed Arkab.
In his remarks, the Minister noted that the appointment of the new Chairman and CEO comes at a time of renewed momentum in the hydrocarbons and mining sectors, reflecting the strategic vision of the President of the Republic, Mr. Abdelmadjid Tebboune.
Mr. Arkab commended SONATRACH’s achievements and emphasized the challenges and opportunities ahead for the company. He reaffirmed that Algeria continues to rely on SONATRACH to maintain its leading position among global energy players.
The Minister outlined key priorities for the company, including boosting national production capacity—particularly in natural gas—developing petrochemical projects to strengthen the processing industry, expanding international cooperation through new contracts and partnerships, accelerating the energy transition, reducing carbon emissions, and modernizing exploration and production systems with advanced digital technologies.
During the ceremony, Mr. Arkab expressed full confidence in Mr. Daoudi, describing him as a prominent figure in Algeria’s energy sector with proven technical expertise, strategic management skills, and extensive experience in negotiations with major international companies.
He also extended appreciation to Mr. Rachid Hachichi for his dedication and leadership during his tenure, commending his sense of duty and contribution to the Group’s progress.
For his part, Mr. Daoudi expressed deep appreciation for the trust placed in him by President Tebboune and the Minister of State, acknowledging the significant responsibility that comes with leading SONATRACH—a pillar of the national economy and a key driver of Algeria’s energy industry.
He pledged, with the support of the company’s management and staff, to build a stronger and more resilient SONATRACH—one that is open to new perspectives and firmly focused on the future through investments in clean and renewable energy, innovation in research and development, and enhanced competitiveness.
Mr. Daoudi emphasized that SONATRACH’s greatest asset remains its human capital and reaffirmed his vision to make the company a regional and global leader, ensuring national energy security and reinforcing Algeria’s international standing while upholding the principles of sustainability, and environmental and social responsibility.
Mr. Nour Eddine Daoudi holds a state engineering degree in geology, obtained in 1987 from the Houari Boumediene University of Science and Technology of Bab Ezzouar (USTHB) in Algiers.
He joined SONATRACH a year after graduation and has held several key positions within the Exploration Division, where he introduced modern technical and scientific methods to enhance performance and deepen geological understanding.
In 2018, he was appointed Director of the Exploration Division, a role he held until the end of 2019.
In April 2020, he became Director of Hydrocarbon Resources at ALNAFT, serving until June 2023. During his tenure, he implemented comprehensive reforms to modernize the agency, focusing on management efficiency, transparency, and improving the investment climate in Algeria’s hydrocarbon sector.
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