Country
Algeria
Sector
Oil & Gas
Intelligence Type
Project
Status / Stage
Under Construction
Estimated Value
USD Billion (total Algeria O&G programme) 50
Confidence
Confirmed
Latest Development
Sonatrach investing $50bn in oil and gas projects through 2027. Hassi R’Mel — Africa’s largest gas field (2.4 trillion cubic metres) — is the flagship. Expansion targets increased production by 2027, reinforcing Algeria’s position as Europe’s third-largest gas supplier.
Project Details
Project TypeSupergiant gas field expansion — wells, compression, processing
Project OwnerSonatrach (100% state-owned)
Start Date2024
Expected Completion2027
Current PhaseConstruction
Funding StatusClosed
Latest Development (Detail)
$50bn programme underway. Algeria's gas exports to Europe rising amid post-Russia supply diversification.
What Happens Next
Production milestone announcements as expansion phases complete.
Commercial Opportunity
$50bn creates significant oilfield services and equipment procurement across Algeria's upstream sector.
Stakeholder Intelligence
Key Organizations / Companies InvolvedSonatrach; SLB; Halliburton; Baker Hughes
Commercial Opportunity Intelligence
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Zawya March 2025; Energy Capital Power; Africa Oil Gas Report
Source Date2024–2026