Algeria: new auction of oil and gas blocks scheduled for October 2025

Algeria is preparing a new call for tenders for the allocation of oil and gas blocks, scheduled for October 2025. This programme aims to attract international investments and strengthen national hydrocarbon production in a context of strong energy demand.

Partagez:

Algeria is planning a new auction of oil and gas blocks as part of an international call for tenders announced for October 2025. This programme, called “Algeria Bid Round 2025,” involves four to six exploration areas identified by the National Agency for the Valorization of Hydrocarbon Resources (Alnaft). The initiative is part of a strategy to increase the country’s hydrocarbon production and enhance its attractiveness to foreign investors.

Algeria has already launched several calls for tenders in recent years to boost its oil and gas sector. The most recent, organised in October 2024, was part of a broader plan that includes 17 projects open to investment. These efforts are supported by an ambitious expansion programme, with a target to increase annual gas production to 200 billion cubic metres within five years, up from the current 137 billion cubic metres.

Massive investments to support growth

As part of this expansion, Algeria plans to invest $50 billion in the hydrocarbon sector between 2024 and 2028. Of this amount, $36 billion will be allocated to oil and gas exploration and production. This policy aims to optimise the country’s resource exploitation and ensure a stable energy supply to its commercial partners, particularly in Europe.

A market seeking diversification

To attract new players, Algeria is relying on strategic agreements with international companies. In January 2025, an agreement was signed with the American company Chevron to assess the potential of the country’s offshore areas. Such partnerships reflect Algeria’s commitment to modernising its oil and gas industry and exploring new offshore opportunities.

In a context of fluctuating oil prices and shifting global energy strategies, Algeria is looking to consolidate its position on the international stage. The auction of new oil and gas blocks in October 2025 is part of this approach, aimed at increasing the country’s competitiveness while meeting the growing demand for hydrocarbons.

The anticipated increase in the tax deduction rate may encourage independent refineries in Shandong to restart fuel oil imports, compensating for limited crude oil import quotas.
Petro-Victory Energy Corp. starts drilling of the AND-5 well in the Potiguar Basin, Brazil, as the first phase of an operation financed through its strategic partnership with Azevedo & Travassos Energia.
The Texan Port of Corpus Christi has completed major widening and deepening work designed to accommodate more supertankers, thus strengthening its strategic position in the US market for crude oil and liquefied natural gas exports.
BP Prudhoe Bay Royalty Trust is offering its interest in Prudhoe Bay, North America’s largest oil field, as part of its planned dissolution, assisted by RedOaks Energy Advisors for this strategic asset transaction.
CNOOC Limited’s Hong Kong subsidiary and KazMunayGas have concluded a nine-year exploration and production contract covering nine hundred and fifty-eight square kilometres in Kazakhstan, sharing investment and operations equally.
Donald Trump announced that the United States will no longer oppose Chinese purchases of Iranian oil, immediately triggering a drop in global crude oil prices and profoundly reshaping international energy trade partnerships.
Research firm S&P Global Commodity Insights lifts its outlook for the fourth straight year, betting on three point five mn barrels per day from 2025 despite lower prices.
Enbridge plans to expand its infrastructure to increase oil transportation from the American Midwest to the Gulf Coast, anticipating rising exports and addressing current market logistical constraints.
US commercial crude inventories significantly decline by 3.1 million barrels, widely surpassing initial forecasts and immediately pushing international oil prices higher.
The UK could have hydrocarbon reserves twice as large as current official estimates, according to Offshore Energies UK, highlighting the impact of fiscal policies on forecasts and the economic future of the North Sea.
Following US strikes in Iran, international energy companies partially evacuate their teams from Iraq as a precaution, while Lukoil maintains its entire personnel on southern oilfields.
Chinese independent refineries remain cautious amid rising Iranian crude prices driven by escalating Iran-Israel tensions, potentially threatening access to the strategic Strait of Hormuz.
Gazprom, affected by a historic $6.9bn loss in 2023, is offering Pakistani state-owned firm OGDCL its petroleum assets in Nigeria to strengthen its presence in Asia’s energy market, according to Pakistani sources.
Donald Trump urges control of oil prices following U.S. military action against Iranian nuclear facilities, amid escalating tensions around the strategic Strait of Hormuz, threatening to significantly impact global markets.
PermRock Royalty Trust announces a monthly distribution of $539,693 to unit holders, impacted by reduced oil volumes and prices in April, partly offset by increased natural gas sales.
Permian Basin Royalty Trust announces a reduced distribution for June due to ongoing excess costs at Waddell Ranch properties and lower volumes from Texas Royalty Properties.
Three months after starting production, Norway’s Johan Castberg oil field, located in the Barents Sea, reaches its full capacity of 220,000 barrels per day, significantly increasing energy supplies to Europe.
New U.S. estimates reveal nearly 29 billion barrels of oil and 392 Tcf of technically recoverable natural gas on federal lands, marking significant progress since the last assessment in 1998.
The United Kingdom tightens sanctions against Russia's oil sector by targeting twenty tankers operating in the "shadow fleet" and Rosneft Marine, amid rising crude prices exceeding the G7-imposed price cap.
French manufacturer Vallourec will supply Qatar with premium OCTG tubes in a contract worth an estimated $50 million, supporting the planned expansion of oil and gas operations by 2030.