Algeria News » Illizi News Algeria » Illizi: Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin
Algerian state-owned oil company Sonatrach and Saudi Arabia's Midad Energy North Africa have signed a production-sharing contract (PSC), worth around $5.4bn (AD704.08bn), focused on oil and gas ...
News Algeria » Illizi: Sonatrach, Midad sign $5.4 billion hydrocarbon deal in Algeria’s Illizi basin
ALGIERS (WO) — Sonatrach has signed a $5.4 billion production-sharing agreement with Midad Energy North Africa, a subsidiary of Saudi Arabia’s Midad Energy, for exploration and development across the ...
News Algeria » Illizi: Repsol makes third gas discovery in Algeria’s Illizi basin
Repsol SA encountered gas at a depth of 1,307 m in the Tan Emellel Sud-Ouest-2 (TESO-2) exploration well of the Sud-Est Illizi block in southeast Algeria, yielding a flow rate of 175,000 cu m/day and ...
News Algeria » Illizi: Floods inundate roads in southeastern Algeria
Algeria’s Civil Protection reported heavy rainfall in Djanet and Illizi provinces. Circulating footage showed significant flooding in parts of southeastern Algeria, inundating several roads and ...
News Algeria » Illizi: First of new Nomad-class desert rigs heads to Algeria
BP Exploration (Algeria) Ltd. has chosen a newly designed desert rig to drill in the Illizi basin. The operator has given a 1-year, extendable contract worth about $16 million to international ...
News Algeria » Illizi: Algeria approves $5.4bln Illizi South hydrocarbon project
Ageria has approved a $5.4 billion hydrocarbon investment project in the Illizi South block after President Abdelmadjid Tebboune signed a presidential decree ratifying the development agreement, ...
News Algeria » Illizi: GDF Suez announces natural gas discovery in the Illizi basin in southeast Algeria
GDF Suez SA on Thursday announced the discovery of natural gas in the Illizi basin in southeast Algeria. The Tihalatine Sud-1 (TIHS-1) well was drilled to a depth of 1,192 m in the Ordovician shale. A ...