The $5.4 Billion Sonatrach–Midad Deal

The $5.4 Billion Sonatrach–Midad Deal is a strategic intelligence brief by Global Eye Intelligence, unpacking one of North Africa’s most consequential energy agreements in recent years. The report analyses Algeria’s state energy giant Sonatrach signing a long-term production-sharing agreement with Saudi Arabia’s Midad Energy, signalling a deepening convergence between Gulf capital and North African hydrocarbon strategy. Far beyond a commercial transaction, the deal reflects a broader realignment of Arab energy cooperation, investment diplomacy, and OPEC coordination in a tightening global energy market.

This briefing evaluates how the partnership strengthens Algeria’s upstream ambitions, reinforces Saudi Arabia’s outward energy diplomacy under Vision 2030, and contributes to the emergence of a pan-Arab energy corridor spanning the Gulf and North Africa. It assesses implications for OPEC cohesion, European and Asian energy security, competition with U.S. LNG and East African gas, and Algeria’s bid to diversify partners beyond traditional European and Chinese actors. The report also highlights market risks, operational challenges, and the geopolitical leverage created by embedding Gulf capital into African energy infrastructure.

⚠️ Africa’s energy chessboard is being redrawn quietly but decisively. Missing this analysis means missing early signals shaping future oil, gas, and geopolitical alignments.
Follow Africa Watch @ Global Eye Intelligence to stay ahead of Africa’s most strategic economic and geopolitical shifts.

Keywords: Sonatrach Midad deal, Algeria Saudi energy cooperation, pan-Arab energy bloc, Africa energy geopolitics, OPEC strategy Africa, Gulf investment North Africa, Global Eye Intelligence, Africa Watch energy report.