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Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin

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 source: https://finance.yahoo.com/news/sonatrach-midad-energy-sign-5-090905970.html

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Breaking News from Illizi, Algeria

Sonatrach, Midad Energy sign $5.4bn contract for Algeria’s Illizi Basin