The Ministry of Hydrocarbons and Mines announced that the upcoming “Algeria Bid Round 2026,” set to launch by the National Agency for Hydrocarbon Resources Valorization (ALNAFT), marks a pivotal step ushering in “a new era of opportunities” for hydrocarbon exploration and development.
In a statement released Saturday evening, the ministry noted that “ALNAFT is gearing up to initiate the 2026 hydrocarbons bid round, unlocking fresh prospects for exploration and development through some of the world’s most promising opportunities and world-class assets in the sector.”
Further details will follow soon, the ministry added, as “Algeria advances toward tapping new potential, forging strategic partnerships, and shaping the future of hydrocarbon development.”
Notably, the “Algeria 2024” bid round, with results revealed in June 2025, awarded exploration licenses to firms from various nations across five basins. That launch—the first since 2014—fits a broader initiative where ALNAFT identified 17 hydrocarbon projects for international investment through successive bidding rounds.