Total, QatarEnergy win Ahara license in Algeria bid round

The National Agency for the Valorization of Hydrocarbon Resources (ALNAFT)-hosted Algeria Bid Round 2024 saw TotalEnergies win the Ahara license, alongside Qatar Energy

This was ALNAFT's first call for tender conducted under the hydrocarbon law No.19-13.

The Ahara license is vast, ranging approximately 14,900 sq km, located at the intersection of the prolific Berkine and Illizi Basins.

While both the partners will hold equal shares 24.5% each, TotalEnergies will serve as the operator during the Exploration and Appraisal phases of the license.

The national company SONATRACH will retain a majority interest of 51%, in accordance with Algerian law.

“TotalEnergies is delighted that its joint bid with QatarEnergy has led to the award of the Ahara license, allowing us to write a new chapter in our long-lasting partnership with SONATRACH in Exploration in Algeria”, said Patrick Pouyanné, chairman and CEO of TotalEnergies.