TotalEnergies, jointly with QatarEnergy, has been awarded the Ahara licence following the Algeria Bid Round 2024, launched by The National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT), the first call for tender conducted under the hydrocarbon law No 19-13.

Ahara is a large license covering an area of approximately 14,900 sq km, located at the intersection of the prolific Berkine and Illizi Basins.

TotalEnergies will serve as the operator during the Exploration and Appraisal phases of this license with a 24.5 per cent effective interest, the same share as QatarEnergy (24.5 per cent).

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