Latest news and today's news from Algeria » Illizi » Economy

... from Bing and Google News

Algeria , Tuesday 08 September 2026

News Algeria » Illizi » Economy: Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin

News channel or source: https://finance.yahoo.com/news/sonatrach-midad-energy-sign-5-090905970.html
Published on: Monday 13 October 2025

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 » Economy: Saudi Arabia’s Midad Energy, Sonatrach Sign $5.4 Bln Illizi Basin Exploration and Development Deal

News channel or source: https://www.msn.com/en-ae/money/economy/saudi-arabia-s-midad-energy-sonatrach-sign-5-4-bln-illizi-basin-exploration-and-development-deal/ar-AA1OpOTO
Published on: Monday 13 October 2025

Algeria's state-owned energy company Sonatrach said on Monday it signed a contract worth around $5.4 billion with Saudi Arabia's Midad Energy for oil and gas exploration and development in Algeria's ...

News Algeria » Illizi » Economy: Sonatrach and Midad Energy Ink $5.4 Billion Deal for Illizi Basin Development

News channel or source: https://oilprice.com/Company-News/Sonatrach-and-Midad-Energy-Ink-54-Billion-Deal-for-Illizi-Basin-Development.html
Published on: Monday 13 October 2025

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 » Economy: Algeria–China Industrial Era: Strategic Investments Set To Reshape National Economy – OpEd

News channel or source: https://www.eurasiareview.com/02122025-algeria-china-industrial-era-strategic-investments-set-to-reshape-national-economy-oped/
Published on: Monday 01 December 2025

Algeria is entering a transformative phase in its economic relations with China, marked by strategic investments, technology transfer, and local industrial development. High-level meetings between ...

News Algeria » Illizi » Economy: Midad to Invest $5.4B in Algerian Production Sharing Contract

News channel or source: https://www.rigzone.com/news/midad_to_invest_54b_in_algerian_production_sharing_contract-14-oct-2025-182068-article/
Published on: Monday 13 October 2025

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 ...