📋 Video Summary

🎯 Overview

This video from SONATRACH documents a field visit by the CEO, Mr. Nourredine Daoudi, and a delegation to the Hassi Messaoud region. The visit focused on monitoring strategic projects aimed at strengthening national capabilities in drilling and enhancing operational performance.

📌 Main Topic

A field visit by the CEO of SONATRACH to the Hassi Messaoud region, focusing on strategic projects and operational improvements within the company's drilling and production sectors.

🔑 Key Points

• 1. Visit Overview [0:05]

- The CEO, accompanied by senior executives, visited Hassi Messaoud on December 20, 2023.

- The visit aimed to monitor strategic projects.

• 2. National Drilling Company (ENSP) Visit [0:35]

- The delegation visited the ENSP logistics base.

- They reviewed a detailed presentation on ENSP's activities. - The CEO inaugurated new projects completed by ENSP, a subsidiary of SONATRACH.

• 3. New Drilling Rigs Commissioning [0:59]

- Two new 750-horsepower, fast-moving drilling rigs were put into service.

- These are the first two of eight planned rigs with varying capacities. - This is part of the medium-term plan to enhance services and capabilities.

• 4. Drilling Rig 234 Commissioning [1:33]

- Drilling rig 234, rated at 1500 horsepower, was put into operation.

- It is equipped with a variable frequency drive control system. - This completes a program to renew five drilling rigs.

• 5. Cost Savings and Internal Expertise [1:56]

- The ENSP director, Mr. Abdelghafour Ghelab, stated that the renewal program utilized internal expertise.

- This saved over $150 million, equivalent to the cost of new equipment.

• 6. SONATRACH Strategy 2030 [2:27]

- The CEO, Mr. Nourredine Daoudi, emphasized that the new equipment aligns with SONATRACH's 2030 strategy.

• 7. National Drilling Company (ENAFOR) Visit [2:37]

- The delegation also visited the ENAFOR (National Drilling Company) site.

- The CEO of ENAFOR, Mr. Ibrahim Hamoudi, presented a technical overview of the acquisition of a telescopic drilling rig.

• 8. Telescopic Drilling Rig [2:57]

- The new rig is an INF 62, 1000-horsepower, fast-moving type.

- It's equipped with a variable frequency drive control system and mounted on trailers.

• 9. Meeting at Arar Base [3:10]

- The visit concluded with a meeting at the Arar base.

- The meeting covered various projects in the Hassi Messaoud region, production results, plans, and the use of enhanced production techniques.

💡 Important Insights

• •Investment in National Capabilities: The video highlights SONATRACH's investment in strengthening its national capabilities, particularly in drilling technology. [0:21]
• •Cost-Effectiveness: The renovation of existing equipment utilizing internal expertise is a cost-effective strategy. [2:06]
• •Strategic Alignment: All new projects and investments are aligned with SONATRACH's long-term strategic goals for 2030. [2:27]

📖 Notable Examples & Stories

• •ENSP Project Inauguration: The video shows the inauguration of new projects by ENSP, demonstrating concrete progress. [0:49]
• •Drilling Rig 234 Commissioning: The operation of the 1500-horsepower rig showcases an upgrade in equipment and technology. [1:33]

🎓 Key Takeaways

• 1. SONATRACH is actively investing in its operational capabilities, particularly in drilling.
• 2. The company is implementing cost-effective strategies, such as internal expertise, to achieve its goals.
• 3. All actions align with SONATRACH's strategic vision for the future.

✅ Action Items (if applicable)

□ Further research on SONATRACH's 2030 strategy. □ Investigate the specific technologies mentioned, such as variable frequency drive control systems.

🔍 Conclusion

The video provides an overview of SONATRACH's commitment to enhancing its operational capabilities in the Hassi Messaoud region, showcasing investments in new equipment and strategic alignment with its long-term goals.