Algeria News » Illizi News Algeria » Illizi » Trade: 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 » Trade: 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 ...