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Exploration License for British Petroleum in Algeria

April 14, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Exploration License for British Petroleum in Algeria

The National Agency for the Valorization of Hydrocarbon Resources announced in a statement on Tuesday the granting of an exploration license in Algeria to British Petroleum (BP) in the eastern basin. The return of energy giant British Petroleum to Algeria is a strong signal of renewed confidence from international companies in the potential of the Algerian mining sector, within the framework of the partnership promoted by Naftal. The agency noted that the Algerian mining sector, which extends over more than 1.7 million square kilometers, offers vast areas with significant potential, in a context characterized by the rapid development of exploration technologies, emphasizing that it is pushing for a 'new dynamic based on innovation and the integration of advanced technologies, aimed at improving knowledge of...

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