Algeria launches 2026 bid round for seven hydrocarbon exploration blocks

Algeria has officially launched the Algeria Bid Round 2026, offering seven hydrocarbon exploration zones for international competition.

According to Algeria Press Service (APS), the launch ceremony was presided over by the Minister of State for Energy, Mines and Renewable Energies, Mohamed Arkab.

International oil and gas companies have been invited to submit bids by November 26, 2026. This timeline will enable Sonatrach, Algeria’s state-owned oil company, to sign exploration contracts by January 31, 2027.

Following the successful Algeria Bid Round 2024, the 2026 round aims to align the entire process with Algeria’s hydrocarbons law. The legislation incorporates environmental commitments, including reducing gas flaring, controlling methane emissions from oil facilities, and advancing hydrogen and carbon capture projects.