Hydrocarbons in Algeria: Sonatrach and Medad Energy Accelerate Production Sharing Project in Illizi
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The Minister of State for Hydrocarbons, Mohamed Arkab, received Sheikh Abdullah Bin Mohammed Bin Abdullah Al-Aiban, CEO of the Saudi company Midad Energy North Africa, in Algiers on Sunday. They discussed cooperation between the Sonatrach group and the Saudi company, particularly following the signing of the contract for the "Illizi South" project area, according to a statement from the ministry. During the meeting, which was attended by officia…
The Algerian Minister of Hydrocarbons, Mohamed Arkab, received this Sunday, June 21, 2026 the President and CEO of the Saudi company Medad Energy North Africa, Sheikh Abdelilah ben Mohammed ben Abdallah Al-Aiban. This meeting examined the progress of the production sharing contract signed for the "Illizi Sud" perimeter in the Illizi basin. According to the statement published by the ministry on its Facebook page, the discussions focused on the s…
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