Summary:

On 14 April 2026, Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) granted BP an authorization to conduct hydrocarbon prospecting in the eastern basin.

The authorization allows BP to carry out preliminary geological and geophysical studies, including seismic data collection, to assess the area’s hydrocarbon potential. It was issued by ALNAFT, the body responsible for managing Algeria’s hydrocarbon domain and overseeing exploration activities. The authorization is limited to the prospecting phase and does not constitute an exploration or production license.

Outlook: 

The authorization granted to BP reflects Algeria’s continued effort to leverage shifting global energy and geopolitical conditions, including volatility linked to conflicts in the Middle East, to attract renewed interest from major international oil and gas operators.

This approach aligns with a broader strategy to expand upstream activity and strengthen the country’s position as a stable energy supplier amid global supply uncertainty.

The focus on early-stage prospecting also suggests a controlled opening of the hydrocarbon sector, aimed at improving data access and investment visibility without immediate large-scale commitments. It also illustrates Algeria’s attempt to translate external geopolitical disruptions into opportunities to reinforce its long-term energy production base.

Explore our services or speak with our team of North Africa-based risk experts.