Oct 14, 2025

Sonatrach Signs $5.4 Billion Exploration Deal With Saudi Firm Midad Energy$

Analysis by The North Africa Journal

Algeria’s Sonatrach has signed a $5.4 billion production-sharing contract with Saudi Arabia’s Midad Energy North Africa to explore and develop hydrocarbons in the Illizi Sud field, marking one of the country’s largest energy partnerships of 2025.

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