Algeria News » Illizi News Algeria » Illizi » Events: 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 » Events: 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 » Events: 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 » Events: 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 » Events: 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 » Events: 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 ...