Algeria News » Illizi News Algeria » Illizi » Commerce: 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 » Commerce: 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 » Commerce: 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 » Commerce: Sonatrach and Midad Energy Ink $5.4 Billion Deal for Illizi Basin Development
Algeria’s state-owned energy giant Sonatrach has signed a $5.4 billion production-sharing agreement with Saudi Arabia’s Midad Energy North Africa to explore and develop hydrocarbons in the Illizi ...
News Algeria » Illizi » Commerce: Midad to Invest $5.4B in Algerian Production Sharing Contract
Sonatrach signed a 30-year exploration and production contract with Midad Energy for the Illizi South area, expecting a total of 993 million barrels of oil equivalent. Image by MSC via iStock ...
News Algeria » Illizi » Commerce: Saudi player strikes $5.4 billion E&P deal in Algeria
My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. Saudi Arabian conglomerate Midad Energy has signed a deal to invest $5.4 billion in exploration and ...
News Algeria » Illizi » Commerce: 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 ...