Algeria News » Illizi News Algeria » Illizi » People: 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 » People: 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 » People: 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 ...