Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) has launched six new onshore blocks for conventional hydrocarbon exploration, inviting competitive bids as part of its five-year plan to boost upstream investments.
These six blocks, covering a combined area of 152,000 km², offer high-potential exploration, development, and export opportunities.
Interested parties can access tender documents and data packages starting November 26, with bids due by April 15, 2025.
The data sets include over 102,000 km of 2D seismic and 45,000 km² of 3D seismic data, providing a comprehensive resource for potential bidders. To qualify, participants must prequalify with ALNAFT and obtain required tender documents.
During a fireside chat with ALNAFT and the Hydrocarbon Regulatory Authority (ARH), officials emphasized Algeria’s stability and favorable regulatory environment, as well as the country’s longstanding partnerships with international oil companies (IOCs).
“Algeria offers a contract sanctity that is unmatched,” noted Mourad Beldjehem, ALNAFT President. He highlighted Algeria’s introduction of three partnership contract types—production-sharing, concession, and risk-service contracts—to enhance flexibility for IOCs.
The licensing round aims to drive new exploration to expand Algeria’s reserves and bolster its energy infrastructure.
ALNAFT President Beldjehem stressed the need for robust exploration, noting that over 240 discoveries await development.
ARH President Rachid Nadil underscored Algeria’s commitment to Africa’s broader energy goals, including universal access, infrastructure modernization, and local capacity building, which are essential for socioeconomic progress across the continent.
