China, Algeria ink 490-mln-USD oil exploration contract

**This is a 60-seconds sample of the video. For the full version, please contact us.**

China, Algeria ink 490-mln-USD oil exploration contract

STORY: China, Algeria ink 490-mln-USD oil exploration contract DATELINE: May 29, 2022 LENGTH: 0:02:23 LOCATION: Algiers CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony of the oil exploration contract 2. SOUNDBITE (Arabic): MOHAMED ARKAB, Algeria's Minister of Energy and Mines STORYLINE: Chinese oil company Sinopec Overseas Oil and Gas Limited (SOOGL) and Algeria's oil giant Sonatrach signed on Saturday a 490-million-U.S. dollars contract on oil and gas exploration in Algeria's Zarzaitine field, some 1,500 km southeast of Algiers. According to a joint press release by the two companies, SOOGL and Sonatrach will cooperate in the drilling of new wells, the replenishment of existing wells, the revamping of oil facilities, and the reduction of carbon emissions. Under the contract, 95 million barrels of oil are expected to be produced. Algeria's Minister of Energy and Mines Mohamed Arkab, who attended the signing ceremony, hailed Sinopec as a key partner for Sonatrach. "The Chinese partner is e

  • Product Code
  • ILEA000970660
  • Registered date
  • 2022/5/29 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 154.50(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Jordanian PM inaugurates China-funded road project

    STORY: Jordanian PM inaugurates China-funded road project SHOOTING TIME: May 27, 2024 DATELINE: May 28, 2024 LENGTH: 00:02:18 LOCATION: AS-SALT, Jordan CATEGORY: ECONOMY SHOTLIST: 1. various of the inauguration ceremony 2. various of the road 3. SOUNDBITE 1 (Chinese): CHEN CHUANDONG, Chinese Ambassador to Jordan 4. various of the road 5. SOUNDBITE 2 (Arabic): MAHER ABU AL-SAMEN, Jordanian Minister of Public Works and Housing 6. various of the road STORYLINE: Jordanian Prime Minister Bisher Khasawneh on Monday inaugurated a China-funded road project in the western region of the country. The inauguration ceremony, which was held in As-Salt, a city about 30 km northwest of the Jordanian capital Amman, was also attended by Jordanian Minister of Public Works and Housing Maher Abu Al-Samen and Chinese Ambassador to Jordan Chen Chuandong. In September 2018, China and Jordan signed an agreement to renovate and expand the 12.5-km mountainous road, connecting the Jordan Valley with As-Salt, the capital of the

      Major highway upgrading project launched in Zambia

      STORY: Major highway upgrading project launched in Zambia SHOOTING TIME: May 21, 2024 DATELINE: May 23, 2024 LENGTH: 00:00:42 LOCATION: Lusaka CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of the ground-breaking ceremony 2. SOUNDBITE (English): WANG SHENG, Minister counsellor at the Chinese Embassy in Zambia 3. various of Zambian President Hakainde Hichilema STORYLINE: Zambia on Tuesday launched the upgrading work of a key highway undertaken by Chinese firms. Last year, MOIC-LN Consortium Limited comprising of Chinese companies was awarded the contract to upgrade the Lusaka-Ndola road into a 327-km dual carriageway linking Lusaka, the country's capital and Ndola city in the Copperbelt province. Zambian President Hakainde Hichilema said that the project was beneficial not only for Zambia but also for the southern African region. Zambian Minister of Technology and Science Felix Mutati said the project would accelerate skills transfer to Zambian companies and create more jobs. As China and Zambia celebra

        China's NIO announces strategic partnership with Hungarian university

        STORY: China's NIO announces strategic partnership with Hungarian university SHOOTING TIME: May 21, 2024 DATELINE: May 22, 2024 LENGTH: 00:02:00 LOCATION: Budapest CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (Hungarian): MARTON NAGY, Hungarian Minister for National Economy 2. SOUNDBITE 2 (Chinese): GONG TAO, Chinese Ambassador to Hungary 3. SOUNDBITE 3 (English): ZHANG HUI, Vice President of NIO Group 4. various of agreement signing ceremony STORYLINE: China's NIO, a leading global smart electric vehicle (EV) company, announced a strategic partnership with Hungary's Istvan Szechenyi University Foundation in Budapest on Tuesday. This collaboration aims to accelerate the green transformation of the automotive and energy sectors in both China and Hungary. The partners plan to develop new cutting-edge technologies. "Today we witness a new agreement between a successful Chinese company and a Hungarian university," Marton Nagy, minister for national economy said at the event where the educational and innovat

          China-California business forum held in L.A. to boost economic links, subnational cooperation

          STORY: China-California business forum held in L.A. to boost economic links, subnational cooperation SHOOTING TIME: May 20, 2024 DATELINE: May 21, 2024 LENGTH: 00:01:46 LOCATION: LOS ANGELES, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the China-California Business Forum STORYLINE: The China-California Business Forum was held in Los Angeles on Monday, bringing together officials, business organizations and companies of the two countries with the goal of expanding business ties and subnational cooperation. Addressing the event, Chinese Consul General in Los Angeles Guo Shaochun said China is California's largest trading partner and California has the largest presence of Chinese-invested companies among all states in the United States. The bilateral economic and trade cooperation has facilitated growth in employment and economy, benefiting the peoples of both China and the United States. In 2023, China was California's top trading partner with two-way trade amounting to over 137 billion U.S. dollars.

            Ethiopian PM inaugurates China-supported military hospital

            STORY: Ethiopian PM inaugurates China-supported military hospital SHOOTING TIME: May 18, 2024 DATELINE: May 19, 2024 LENGTH: 00:02:53 LOCATION: Addis Ababa CATEGORY: POLITICS SHOTLIST: 1. various of the inauguration of the specialized referral hospital 2. SOUNDBITE 1 (Amharic): ABIY AHMED, Ethiopian Prime Minister 3. SOUNDBITE 2 (Amharic): SHEWAYE HAILE, the hospital's commandant STORYLINE: Ethiopian Prime Minister Abiy Ahmed on Saturday inaugurated a specialized referral hospital of the national army in Bishoftu town, in Ethiopia's Oromia regional state. The new hospital, equipped with China-aided medical supplies and supported by China-trained medical staff, is considered the apex of healthcare facilities in Ethiopia. "The defense specialized referral hospital is unique in that it is a top-notch healthcare facility equipped with state-of-the-art technologies," Abiy said during the inaugural ceremony. SOUNDBITE 1 (Amharic): ABIY AHMED, Ethiopian Prime Minister "There is no hospital in Ethiopia li

              European green industries look to China for upturn, debunk overcapacity claim

              STORY: European green industries look to China for upturn, debunk overcapacity claim SHOOTING TIME: Earlier footage DATELINE: May 17, 2024 LENGTH: 00:02:08 LOCATION: Brussels, Budapest, Berlin, Oslo CATEGORY: ECONOMY SHOTLIST: 1. various of launching ceremony of Senj Wind Farm In Croatia 2. various of the landscape of Budapest in Hungary 3. various of the street view in Germany 4. SOUNDBITE 1 (Hungarian): MARTON NAGY, Hungarian Minister for National Economy 5. SOUNDBITE 2 (German): HILDEGARD MUELLER, President of the German Association of the Automotive Industry 6. SOUNDBITE 3 (English): CARL FEY, Professor of strategy at BI Norwegian Business School STORYLINE: In the global shift towards sustainable energy solutions, China's investments in green projects in Europe have played a crucial role in advancing the continent's green transition. In Croatia, the Chinese-built Senj Wind Farm annually produces 530 million kilowatt-hours (kWh) of green electricity, cutting Croatia's carbon dioxide emissions by about

                Türkiye, Azerbaijan ink deal to boost natural gas cooperation

                STORY: Türkiye, Azerbaijan ink deal to boost natural gas cooperation SHOOTING TIME: May 14, 2024 DATELINE: May 15, 2024 LENGTH: 00:01:13 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony 2. Footages about gas storage facility STORYLINE: Turkish Energy and Natural Resources Minister Alparslan Bayraktar and visiting Azerbaijani Minister of Economy Mikayil Jabbarov signed an agreement on Tuesday in Istanbul to boost cooperation in the field of natural gas. Following the talks, Bayraktar told reporters that the Natural Gas Cooperation Agreement has elevated the relations between the two countries to a new level. The agreement will allow additional volumes of Azerbaijani natural gas from the Caspian region to be transported to Türkiye by 2030, Bayraktar noted. "A portion of this gas will then continue its journey to reach Europe through Türkiye," he said, adding "with this exemplary cooperation, Türkiye and Azerbaijan make significant contributions to both our own an

                  2024 Offshore Technology Conference kicks off in U.S. Houston

                  STORY: 2024 Offshore Technology Conference kicks off in U.S. Houston SHOOTING TIME: May 8, 2024 DATELINE: May 8, 2024 LENGTH: 00:02:33 LOCATION: HOUSTON, U.S. CATEGORY: TECHNOLOGY SHOTLIST: 1. various of booths and visitors in the main exhibition hall 2. various of exhibits winning awards at this exhibition 3. various of booths and models of participating Chinese companies 4. various of exhibition area where Chinese companies are concentrated 5. various of foreigners participating in the exhibition came to the Chinese company's booth for consultation, negotiation, exchange and discussion 6. SOUNDBITE (Chinese): ZHANG GUANJUN, Secretary-General of China Petroleum & Petrochemical Equipment Industry Association STORYLINE: The four-day 2024 Offshore Technology Conference kicked off on Monday in Houston. Themed "Leading the Global Energy Evolution" this year, it is one of the most important shows in the global oil and gas exploration, mining, production and environmental protection fields. It is not only a g

                    Hitachi Energy confident in Chinese market

                    STORY: Hitachi Energy confident in Chinese market SHOOTING TIME: Recent footage DATELINE: May 2, 2024 LENGTH: 0:01:27 LOCATION: XI'AN, China CATEGORY: ECONOMY SHOTLIST: 1. various of Hitachi Energy 2. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. STORYLINE: A manager with power equipment multinational Hitachi Energy has said that China's drive to realize "dual carbon goals" has resulted in the company's production plant in northwest China's Xi'an developing into its largest power capacitor manufacturing base across the world. In April 2023, a new manufacturing base in Xi'an, made possible by investment from Hitachi Energy, was put into use to produce capacitors and power-quality products. The products are now exported to Europe, the United States, Oceania and Africa, which further increases Hitachi Energy's confidence in the Chinese market. SOUNDBITE (Chinese): HUANG ZHENG, General manager, Xi'an Hitachi Energy Power Capacitor Co., Ltd. "Our company ha

                      Chinese ductile iron pipes firm to establish new factory in Egypt

                      STORY: Chinese ductile iron pipes firm to establish new factory in Egypt SHOOTING TIME: March 27, 2024 DATELINE: March 30, 2024 LENGTH: 00:00:32 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of signing ceremony (Courtesy of the Egyptian Cabinet) STORYLINE: China's Xinxing Ductile Iron Pipes Co., Ltd. has signed a land lease contract with Egypt-TEDA SEZone Development Company to build a new factory in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone. The signing ceremony held on Wednesday was attended by Egyptian Prime Minister Mostafa Madbouly, Suez Canal Economic Zone Chairman Waleid Gamaleldien, and other senior Egyptian officials. The project is planned to cover an area of about 270,000 square meters and produce 250,000 tons of ductile iron pipes per year, said Ma Ye, head of the Egypt project of Xinxing Ductile Iron Pipes Co., Ltd. With an investment of approximately 145 million U.S. dollars, the project is expected to generate nearly 200 million dollars in foreign exc