# SONATRACH and Baker Hughes form $45M oilfield equipment joint venture in Oran

Sonatrach and Baker Hughes, a GE Company, created a joint venture, 51% Sonatrach and 49% Baker Hughes, to produce oil and gas equipment in Algeria. The 20,000 m2 industrial complex in Oran carries a joint investment of $45 million and is expected to be operational in December 2019.

- Type: Acquisition
- Announced: 2017-11-09
- Where: Oran, Algeria
- Value: $45.0M
- Status: announced
- Capacity: 20,000 m2 industrial complex
- Products: wellheads, X-mas trees, valves, pressure control equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (partner)
- [Sonatrach](https://endata.com/companies/2355.md) (partner)

## Sources

- [ge.com](https://www.ge.com/news/press-releases/sonatrach-et-bhge-cr%C3%A9ent-une-soci%C3%A9t%C3%A9-commune-%C3%A0-caract%C3%A8re-industriel-destin%C3%A9e-%C3%A0), 2017-11-12: "Avec un investissement conjoint de 45 millions US$, l'usine visera la fabrication, l'assemblage et la maintenance de divers types d'équipements de contrôle de pression."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.