Daewoo Engineering & Construction (Daewoo E&C) has been named the preferred bidder for TotalEnergies’ 6 million-ton liquefied natural gas (LNG) project in Algeria, according to finance.biggo.com. The announcement, made on 12 August 2026, marks a significant step forward in Algeria’s efforts to expand its LNG export capacity and strengthen partnerships with international energy firms. The … Read more
Algeria’s energy push: shale ambitions and foreign investment hurdles Algeria’s hydrocarbons sector remains the cornerstone of its economy, but recent developments reveal both strategic ambitions and persistent challenges. The government’s push to unlock shale gas reserves has drawn interest from international energy majors, yet foreign participation remains tightly controlled. Meanwhile, the launch of Algeria Bid … Read more
Energy: Hydrocarbons take center stage Simultaneously, Algeria is diversifying its energy procurement partners. South Korea signed agreements with Algeria and Libya to secure gas supply amid regional instability. Algeria’s Sonatrach confirmed ongoing talks to supply LNG to Korean firms, with volumes still undisclosed. The agreements signal Algeria’s role in regional energy security but also expose … Read more
Algeria and Germany’s Siemens Energy have recently discussed expanding cooperation on green hydrogen and ammonia production, according to Fuel Cells Works. The exchange signals a potential pivot for Algerian energy policy toward export-oriented clean molecules, a shift that entrepreneurs both inside and outside the country should watch closely. The engagement follows Algeria’s 2023 energy-law reforms … Read more
Algeria’s economy grew 5% last year, fueled by new Asian investments in natural gas and renewable energy transition projects, according to Africa24 TV. The surge in foreign capital reflects a broader shift toward Asian partnerships in North Africa’s energy sector and offers entrepreneurs both new opportunities and competitive pressures. Asian investors, particularly from China, South … Read more
Italy is seeking more Algerian gas to offset disruptions in liquefied natural gas (LNG) supplies, according to Global Banking & Finance Review. The move highlights Algeria’s growing role in Europe’s energy security as traditional suppliers face volatility and infrastructure constraints. Algeria, already a key gas supplier to Italy, is positioned to benefit from the increased … Read more
South Korea’s state-owned Korea Gas Corporation (KOGAS) recently signed a long-term liquefied natural gas (LNG) supply deal with Algeria and Libya to diversify its energy sources. The agreement, announced in mid-April 2026, secures additional LNG volumes for South Korea as it reduces reliance on Middle Eastern suppliers amid regional instability. For Algerian entrepreneurs and the … Read more
In a series of high-stakes upstream moves, Algeria has opened the door to international majors that can bring shale and frontier gas to market. The clearest sign came recently when ExxonMobil signed a gas-field agreement with Algeria’s national champion Sonatrach, capping months of talks that industry watchers in Algiers say could unlock billions of cubic … Read more
Algeria’s state oil company Sonatrach recently issued a major call for foreign bids on 24 oil and gas blocks across the Sahara, its largest licensing round in a decade. The move follows President Abdelmadjid Tebboune’s repeated calls to attract billions in fresh upstream investment as Algeria seeks to reverse declining production and retain its role … Read more
Algeria’s emerging gold sector is rewriting the business map for local founders and the diaspora, offering a new channel for venture capital that bypasses the country’s long-dominated energy economy. In 2025, two high-grade discoveries in the Tindouf Basin and the eastern Hoggar massif triggered a wave of licence awards and a race among start-ups to … Read more