Sonatrach president Abdelmoumen Ould Kaddour has been quietly carrying out a major restructuring of the firm’s management, including the creation of several new divisions and a change of personnel in other key posts.

The changes include the creation of three new vice-president positions: VP finance, to which executive finance director Mohamed Karoubi is promoted; VP business and development, taken on by Sonatrach’s strategy programme manager Fethi Arabi; and VP marketing, filled...