Economie

Algeria’s Sonatrach Appoints New CEO, Eyes Production Boost and Global Partnerships

Algeria’s state-owned energy giant, Sonatrach, has a new captain at the helm. On Sunday, October 26, 2025, Noureddine Daoudi was officially installed as the Chairman and CEO, taking over from Rachid Hachichi, during a ceremony held at the company’s headquarters in Algiers. The appointment signals a renewed focus on boosting natural gas production, forging international partnerships, and embracing technological advancements to solidify Algeria’s position as a reliable energy supplier.

The inauguration was overseen by Mohamed Arkab, the Minister of State, Minister of Hydrocarbons and Mines, and was attended by prominent figures within the Algerian energy sector. This included members of Sonatrach’s Board of Directors, Samir Bakhti, the head of the National Agency for the Valorization of Hydrocarbon Resources (ALNAFT), and Amine Remini, the President of the Hydrocarbons Regulatory Authority, alongside senior officials from both the Ministry and Sonatrach itself.

Addressing the attendees, Minister Arkab emphasized that Daoudi’s appointment is strategically aligned with the dynamic evolution currently underway in Algeria’s hydrocarbon and mining sectors. He stressed that this shift reflects the strategic vision of President Abdelmadjid Tebboune, which aims to strengthen Algeria’s role as a dependable energy provider and foster sustainable development across the nation.

“Sonatrach is the lifeblood of the national economy,” Arkab stated emphatically. “Today, it is imperative that Sonatrach actively participates in a new phase of institutional advancement and technological innovation, particularly in light of the profound global transformations occurring within the energy sector.”

Minister Arkab outlined key priorities for Sonatrach under Daoudi’s leadership. A central objective is to significantly increase the nation’s natural gas production capacity, recognizing natural gas as a “clean and secure energy source.” This push is coupled with a commitment to developing downstream industries and petrochemical projects to enhance the added value for the Algerian economy. He specifically mentioned the critical importance of expanding international collaborations with major global players such as Chevron and ExxonMobil.

Further highlighting the future direction of Sonatrach, Arkab underscored the necessity of accelerating energy transition projects and reducing carbon emissions through the development of Carbon Capture and Storage (CCS) initiatives. This demonstrates Algeria’s commitment to environmental responsibility and its proactive approach to addressing climate change.

The Minister also emphasized Sonatrach’s commitment to modernizing its exploration and production systems through the integration of Artificial Intelligence (AI) and advanced digital technologies. “This is vital to ensure resource sustainability and improve operational efficiency,” he explained, emphasizing the long-term vision for the company’s success.

Noureddine Daoudi brings a wealth of experience to his new role. He is widely regarded as a highly competent national figure in the energy sector, boasting a career spanning over 35 years. Throughout his professional journey, Daoudi has held various technical and strategic leadership positions, accumulating more than 32 years of experience specifically in petroleum exploration. Notably, he previously served as the head of ALNAFT, Algeria’s national agency for hydrocarbon resource valorization.

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Daoudi’s track record includes leading major projects and spearheading the launch of an advanced digital platform at ALNAFT to promote petroleum projects, showcasing his forward-thinking approach to the digital transformation of the energy sector. His experience at ALNAFT will be invaluable in navigating the complexities of Algeria’s hydrocarbon resources and attracting foreign investment.

In concluding his address, Minister Arkab expressed his gratitude to Rachid Hachichi for his contributions and achievements during his tenure as Chairman and CEO of Sonatrach, wishing him well in his future endeavors. He then urged the new CEO, Daoudi, to redouble efforts and work with unwavering national spirit. “Responsibility at Sonatrach is a duty before it is an honor,” Arkab emphasized, conveying the immense importance and weight of the position.

Daoudi’s appointment comes at a crucial time for Algeria’s energy sector. Global energy markets are in flux, and the country faces increasing pressure to diversify its economy and embrace sustainable energy practices. Sonatrach, as the cornerstone of the Algerian economy, plays a pivotal role in navigating these challenges and securing the country’s future prosperity.

Industry analysts suggest that Daoudi’s extensive experience in exploration and his focus on technological innovation will be crucial in unlocking new hydrocarbon reserves and optimizing existing production. The emphasis on international partnerships signals Algeria’s intent to attract foreign investment and expertise to further develop its energy sector. The commitment to CCS projects also indicates a growing awareness of environmental concerns and a willingness to invest in cleaner energy technologies.

However, Daoudi faces significant challenges. Sonatrach must navigate complex regulatory hurdles, address infrastructure limitations, and manage security risks in some of its operational areas. Moreover, the company needs to adapt to evolving global energy trends, including the rise of renewable energy sources and the increasing demand for cleaner fuels. Successfully addressing these challenges will be critical to Sonatrach’s long-term success and Algeria’s economic well-being.

Daoudi’s leadership will be closely watched by industry observers and the Algerian public alike. His ability to implement the government’s strategic vision, foster innovation within Sonatrach, and attract foreign investment will be key determinants of his success. The future of Algeria’s energy sector, and indeed its broader economy, rests in part on his shoulders. The appointment of Daoudi represents a strategic move by the Algerian government to revitalize Sonatrach and position it for success in a rapidly changing global energy landscape. The focus on increased natural gas production, strategic partnerships, and technological advancements underscores Algeria’s commitment to maintaining its role as a major energy player while also embracing sustainable practices for the future.

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