{"id":492248,"date":"2026-06-24T08:30:45","date_gmt":"2026-06-24T08:30:45","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/06\/24\/midad-energy-deploys-a-5-4-billion-mega-project-in-algeria\/"},"modified":"2026-06-24T08:30:51","modified_gmt":"2026-06-24T08:30:51","slug":"midad-energy-deploys-a-5-4-billion-mega-project-in-algeria","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/06\/24\/midad-energy-deploys-a-5-4-billion-mega-project-in-algeria\/","title":{"rendered":"Midad Energy deploys a $5.4 billion mega project in Algeria"},"content":{"rendered":"<p>Eight months after the historic signing on October 13, 2025, Saudi energy giant Midad Energy is now operational on Algerian soil. The Ministry of Energy and Mines announced this month the official launch of the first phase of its $5.4 billion production sharing contract, signed with Sonatrach, the national oil and gas company, in the... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F06%2F24%2Fmidad-energy-deploys-a-5-4-billion-mega-project-in-algeria%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Eight months after the historic signing on October 13, 2025, Saudi energy giant Midad Energy is now operational on Algerian soil. The Ministry of Energy and Mines announced this month the official launch of the first phase of its $5.4 billion production sharing contract, signed with Sonatrach, the national oil and gas company, in the&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F06%2F24%2Fmidad-energy-deploys-a-5-4-billion-mega-project-in-algeria%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":537209,"featured_media":451927,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/06\/23\/midad-energy-deploie-un-projet-pharaonique-de-54-milliards-de-dollars-en-algerie\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12028,12038,12036],"tags":[],"class_list":["post-492248","post","type-post","status-publish","format-standard","has-post-thumbnail","category-energy","category-premium-en","category-sectors","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Midad Energy deploys a $5.4 billion mega project in Algeria - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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