Oman’s Petrogas expands upstream exploration into Algeria
New contracts with Alnaft mark strategic step in deepening Oman-Algeria energy ties and diversifying Petrogas’s global portfolio
MUSCAT, Oman (MNTV) — Oman-based Petrogas E&P, the exploration and production arm of the Mohammed Al Barwani Group, has signed contracts to evaluate hydrocarbon potential in two major Algerian basins, strengthening its international footprint across Africa and Europe.
The agreements were formalized with Algeria’s state-owned Agency for the Valorisation of Hydrocarbon Resources (Alnaft) during the North Africa Petroleum Exhibition and Conference (NAPEC 2025) in Oran.
The contracts cover geological, geophysical, and reservoir studies in the Touggourt and Berkine basins — specifically the Hassi Toumiat and El Borma–Hassi Keskassa perimeters — aimed at assessing untapped reserves and optimizing existing production.
Alnaft President Samir Bekhti said the collaboration forms part of Algeria’s broader strategy to enhance recovery from mature oilfields and “optimize every barrel” through advanced technical evaluation and targeted investment.
Petrogas CEO Kingsuk Sen reaffirmed the company’s commitment to long-term cooperation with Algerian authorities, noting that the studies would pave the way for future investments once the hydrocarbon potential is confirmed.
Earlier this year, Petrogas received a five-year prequalification certificate from Alnaft, enabling it to participate in upcoming exploration bid rounds.
Petrogas currently operates a diversified portfolio that includes assets in Oman, the Netherlands, Egypt, and the United Kingdom, with exploration commitments in Denmark.
Its Dutch subsidiary, Petrogas E&P Netherlands BV, achieved first gas in 2024 from the A15 offshore licence in the North Sea, underscoring the company’s technical and operational expertise.
In Oman, Petrogas continues to develop several upstream assets, including the Rima Small Fields cluster in Block 5 under a service contract with Petroleum Development Oman (PDO), Block 55 in Al Wusta Governorate, and Block 15, where its subsidiary Mazoon Petrogas signed a 2024 partnership with China’s CNPC and Oman’s Ministry of Energy and Minerals for joint oil and gas exploration.
Industry observers see the company’s entry into Algeria as a significant opportunity for investors, reflecting growing Omani engagement in North Africa’s energy sector and reinforcing bilateral cooperation in sustainable resource development.
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