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Algeria to share oil output in deal with Saudi company

By CityCalc Newsroom · Tue Jun 23 2026 · Source: AGBI

Algeria will share oil and gas production with Saudi Arabia’s Midad Energy North Africa in line with a $5.4 billion contract they signed in late 2025. Algeria’s energy minister Mohamed Arkab discussed launching the project at talks with Midad’s chairman Sheikh Abdulelah Mohammed…

Algeria will share oil and gas production with Saudi Arabia’s Midad Energy North Africa in line with a $5.4 billion contract they signed in late 2025. Algeria’s energy minister Mohamed Arkab discussed launching the project at talks with Midad’s chairman Sheikh Abdulelah Mohammed…

Curated by CityCalc from AGBI. Read the full article at the source.

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