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Algeria , Friday 05 June 2026

News Algeria » Illizi » Finance: Algeria opens virtual data rooms for 2026 hydrocarbons bid round

News channel or source: https://www.zawya.com/en/projects/oil-and-gas/algeria-opens-virtual-data-rooms-for-2026-hydrocarbons-bid-round-o3j4xxsh
Published on: Tuesday 02 June 2026

Algeria’s National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) has announced the opening of virtual data rooms (VDRs) as part of the Algeria Bid Round 2026 hydrocarbons licensing ...

News Algeria » Illizi » Finance: 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 » Finance: 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, ...

News Algeria » Illizi » Finance: Saudi player strikes $5.4 billion E&P deal in Algeria

News channel or source: https://www.upstreamonline.com/exploration/saudi-player-strikes-5-4-billion-e-p-deal-in-algeria/2-1-1885473
Published on: Monday 13 October 2025

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 » Finance: 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 ...

News Algeria » Illizi » Finance: TotalEnergies, QatarEnergy Win Exploration License in Algeria

News channel or source: https://www.rigzone.com/news/totalenergies_qatarenergy_win_exploration_license_in_algeria-20-jun-2025-180895-article/
Published on: Friday 20 June 2025

TotalEnergies SE and QatarEnergy have secured an exploration area spanning 14,900 square kilometers (5,752.92 square miles) onshore Algeria. The Ahara license, awarded under the North African ...

News Algeria » Illizi » Finance: Sonatrach makes oil discovery in Illizi basin

News channel or source: https://www.ogj.com/exploration-development/discoveries/article/17276966/sonatrach-makes-oil-discovery-in-illizi-basin
Published on: Wednesday 24 June 2009

Sonatrach reported making an oil discovery in Algeria’s Illizi basin with its Ain Antar Is-1 well. LONDON, June 25-- Sonatrach reported making an oil discovery in Algeria’s Illizi basin with its Ain ...