SONATRACH, Midad Energy Ink $5.4 Bn Exploration Deal in Algeria

• Tuesday, 14th October 2025
• by Fatma Ahmed

SONATRACH, the Algerian national oil company (NOC), and the Saudi Midad Energy North Africa signed a $5.4 billion hydrocarbon-sharing contract for the exploration and development of the Illizi South area in Algeria. T...

TransGlobe Finalizes Eastern Desert Agreement

• Monday, 24th January 2022
• by Editorial Team

TransGlobe has signed a production sharing agreement with the Ministry of Petroleum and Mineral Resources at an official signing ceremony, the company announced. The agreement merges the three producing concessions (W...

Tanzania Extended Nyuni Area PSA

• Monday, 19th December 2016
• by Egypt Oil & Gas

Aminex Plc has received formal approval from the Tanzanian Minister of Energy and Minerals to extend the work period of the Nyuni Area production sharing agreement (PSA) for a duration of four years. Accordingly, the ...

Aminex Progressed with Ruvuma, Kiliwani Developments

• Monday, 5th December 2016
• by Editorial Team

Aminex provided an operational update for the Ruvuma production sharing agreement (PSA) and the Kiliwani North Development Licence in Tanzania, informed Your Oil And Gas News. The company stated that an independent in...

Sudapet to Solely Own Block B2

• Sunday, 27th November 2016
• by Editorial Team

Sudan’s Ministry of Oil and Gas, Mohamed Awad, has announced that Sudan’s Sudapet will become the sole owner of Block B2, located in the southern part of the country. This comes in line with the new production s...

Sudan, China to Renew Oil PSA

• Monday, 17th October 2016
• by Egypt Oil & Gas

Sudanese State Minister for Oil, Mahmoud Abdel-Rahman, and the Chinese Envoy for Arab Affairs Ambassador, Lee Ching, discussed the renewal of the production sharing agreement (PSA) for Block B2 oil field in Heglig, lo...