News Algeria » Illizi » Finance: 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 » Finance: 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 » Finance: Algeria’s Gas Advantage Is Real. So Are Its Production Problems.
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News Algeria » Illizi » Finance: 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 ...
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