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Algeria , Monday 26 October 2026

News Algeria » Illizi » Social: Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin

News channel or source: https://finance.yahoo.com/news/sonatrach-midad-energy-sign-5-090905970.html
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 » Social: 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 » Social: 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 » Social: 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 ...

News Algeria » Illizi » Social: 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 » Social: Floods inundate roads in southeastern Algeria

News channel or source: https://www.aljazeera.com/video/newsfeed/2026/9/27/floods-inundate-roads-in-southeastern-algeria
Published on: Sunday 27 September 2026

Algeria’s Civil Protection reported heavy rainfall in Djanet and Illizi provinces. Circulating footage showed significant flooding in parts of southeastern Algeria, inundating several roads and ...

News Algeria » Illizi » Social: GDF Suez announces natural gas discovery in the Illizi basin in southeast Algeria

News channel or source: https://www.worldoil.com/news/2012/11/8/gdf-suez-announces-natural-gas-discovery-in-the-illizi-basin-in-southeast-algeria
Published on: Wednesday 07 November 2012

GDF Suez SA on Thursday announced the discovery of natural gas in the Illizi basin in southeast Algeria. The Tihalatine Sud-1 (TIHS-1) well was drilled to a depth of 1,192 m in the Ordovician shale. A ...