Today's breaking News from Algeria, Illizi, Events

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

News channel or source: https://www.msn.com/en-us/money/markets/sonatrach-midad-energy-sign-5-4bn-contract-for-algeria-s-illizi-basin/ar-AA1Os8U2

Published on: Tuesday 14 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 » Events: Algeria approves $5.4bn oil deal with Midad Energy

News channel or source: https://www.msn.com/en-us/money/markets/algeria-approves-54bn-oil-deal-with-midad-energy/ar-AA1ZmrJC

Published on: Tuesday 24 March 2026

Algerian president Abdelmadjid Tebboune has approved a $5.4 billion contract with Saudi Arabia’s Midad Energy to develop hydrocarbon resources in south Algeria. Algeria’s state-owned Sonatrach signed ...

News Algeria » Illizi » Events: Algeria signs $5.4 billion oil and gas deal with Saudi firm Midad Energy

News channel or source: https://www.reuters.com/business/energy/algeria-signs-54-billion-oil-gas-deal-with-saudi-firm-midad-energy-2025-10-13/

Published on: Monday 13 October 2025

Oct 13 (Reuters) - 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 ...

News Algeria » Illizi » Events: Repsol makes third gas discovery in Algeria’s Illizi basin

News channel or source: https://www.ogj.com/exploration-development/discoveries/article/17246476/repsol-makes-third-gas-discovery-in-algerias-illizi-basin

Published on: Sunday 19 April 2015

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 » Events: Algeria seeks bids to develop five Illizi basin fields

News channel or source: https://www.ogj.com/exploration-development/article/17263228/algeria-seeks-bids-to-develop-five-illizi-basin-fields

Published on: Sunday 29 April 2001

HOUSTON, Apr. 30-- The Algerian Energy and Mines Ministry and state oil company Sonatrach is launching an international bidding round for the development of five oil and gas fields in the prolific ...

News Algeria » Illizi » Events: 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 » Events: Algeria approves $5.4bln Illizi South hydrocarbon project

News channel or source: https://www.zawya.com/en/projects/oil-and-gas/algeria-approves-54bln-illizi-south-hydrocarbon-project-x93mprrf

Published on: Sunday 22 March 2026

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, ...

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