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Algeria , Wednesday 09 September 2026

News Algeria » Illizi » Places: 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: Monday 13 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 » Places: 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 » Places: 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 ...