Algeria News » Illizi News Algeria » Illizi » Traffic: Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin
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 » Traffic: Algeria signs $5.4 billion oil and gas deal with Saudi firm Midad Energy
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 » Traffic: Sonatrach and Midad Energy Ink $5.4 Billion Deal for Illizi Basin Development
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News Algeria » Illizi » Traffic: Algeria unveils six new hydrocarbon discoveries as Ukraine war spurs upstream sector
Algeria’s state oil company Sonatrach made six hydrocarbon discoveries in the first three months of this year. Investments in the North African nation’s upstream sector have surged since Russia’s ...