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 exploration in Algeria’s Illizi Basin. The agreement...

Africa Intelligence Brief - October 15, 2025

(MENAFN- The Rio Times) Egypt moved its 3,000-MW Europe interconnector toward feasibility as Algeria tightened bank and FX rules; Nigeria struck a plan to securitize ₦4 trillion ($2.69 billion) in power arrears while Ghana readied a zero-tariff...

Algeria Launches Major Green Hydrogen Infrastructure Initiative to Energize Regional Markets

Announcing a Game-Changing Partnership At the 13th NAPEC 2025 conference in Oran, Minister Mourad Adjal and the Ministry of Energy and Renewable Energies announced an ambitious push to develop green hydrogen infrastructure and open up regional...

Midad to Invest $5.4B in Algerian Production Sharing Contract

Sonatrach signed a production sharing contract (PSC) with Midad Energy for the Illizi South area, nearly 100 kilometers (62.14 miles) south of In Amenas, Algeria's national oil and gas company said Monday. The Saudi company, through its...

117 northern students depart for Algeria on medicine, engineering scholarship

No fewer than 117 beneficiaries from northern Nigeria have departed for Algeria to pursue various academic programmes under a fully funded study scholarship facilitated by the Sheikh Dahiru Usman Bauchi Foundation. Speaking during a send-forth and...

Algeria signs $5.4bln oil and gas deal with Saudi firm Midad Energy

Algeria's state-owned energy company Sonatrach has signed a contract with Saudi Arabia's Midad Energy for oil and gas exploration and exploitation in Algeria's Illizi Basin, Ennahar TV reported on Monday. The contract, valued at approximately $5.4...

Sonatrach signs US$5.4 billion oil and gas deal with Midad Energy

Algeria’s state-owned energy company Sonatrach said it signed a contract worth around US$5.4 billion with Saudi Arabia’s Midad Energy for oil and gas exploration and development in Algeria’s Illizi Basin. The production-sharing contract spans 30...

Heavy Rain and Flood Alerts Affecting Algerian Provinces

In a country where drought dominates headlines and water scarcity shapes policy, Algeria now faces the cruel irony of potentially devastating floods. A Nation Caught Between Extremes Algeria’s meteorological warning arrives at a particularly...

Midad Energy signs 30-year hydrocarbon deal with SONATRACH

Saudi Arabia-based Midad Energy North Africa and SONATRACH have signed a strategic production-sharing hydrocarbon contract at SONATRACH’s headquarters, for the exploration and development of hydrocarbons in Algeria’s Illizi Basin. The agreement,...

Saudi Arabia’s Midad Energy, Sonatrach Sign $5.4 Bln Illizi Basin Exploration and Development Deal 

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 development in Algeria's Illizi Basin. The production-sharing contract...

Erdogan balances: Can Turkey cope without Russian energy sources?

The G7 and Washington are urging Turkish President Erdogan to ban imports of Russian oil and gas. But Turkey is heavily dependent on Russian energy supplies – and has advantages when it comes to prices. A remarkable scene recently took place in...

Saudi Arabia's Midad Energy signs $5.4bn Algeria hydrocarbons deal

Algeria's Sonatrach and Saudi company Midad Energy North Africa have signed a production-sharing hydrocarbon contract for the exploration and exploitation of hydrocarbons on the contractual perimeter of Illizi South, located nearly 100 km south of...

Seventy two grapes

″Tahqiq fel djenna″ (Investigating Paradise) tells the story of the journalist Nedjma and her colleague Mustapha, who are researching Salafist preachers and the effect of their ideas on Algerian society. The fictional framing narrative is combined...

Russian Deploying Su-35 Fighters to Seek an Destroy Targets in Ukraine

The Russian Armed Forces have relied on Su-35 fighter aircraft to seek and destroy hostile aerial and ground targets in the Ukrainian theatre, which are thought to leverage a number of the aircraft’s unique capabilities within the fleet....

Algeria vs Uganda Prediction and Betting Tips | October 14th 2025

Algeria will host Uganda at the Hocine Aït Ahmed Stadium on Tuesday in the final round of their CAF 2026 FIFA World Cup Qualification campaign. The home side have been excellent in their qualification campaign so far and have now confirmed a spot...

Algerian President Announces Recovery of $30 Billion in Stolen Funds

Algerian President Abdelmadjid Tebboune announced that his country has recovered $30 billion of looted funds, reiterating his refusal to resort to borrowing.اضافة اعلان In a speech at the Ministry of Defense, Tebboune mentioned that European...

Algeria signs oilfield development deals with Oman’s Petrogas

Algeria has signed two agreements with Oman-based exploration and production company Petrogas for the development of oil fields. The state-owned National Agency for the Valorisation of Hydrocarbon Resources (Alnaft) finalised the deals in the...

Mohamed Salah, Achraf Hakimi & Co. - All-time most valuable North African XI as four nations book WC place

Egypt, Morocco, Algeria & Tunisia all qualify ©TM/IMAGO North Africa’s golden era on the international stage is showing no signs of slowing down. With Morocco, Egypt, Algeria, and Tunisia all having already secured their spots at the 2026 World...

Surgutneftegas sees no problem in increasing oil output in line with OPEC+ decisions

MOSCOW, October 15. /TASS/. Surgutneftegas sees no problem in increasing oil production in line with OPEC+ decisions, the company's deputy head, Nikolay Kiselev, told reporters at the Russian Energy Week. "This is not a problem," he said,...

Tunisia: Rise in Exports from the Mining, Phosphate and Derivatives Sector

Facebook Twitter LinkedIn WhatsApp According to data from the National Institute of Statistics (INS), Tunisia’s foreign trade results at current prices for the first nine months of 2025 show a slight increase in exports of 0.03%, reaching 46,419.8...