Hydrocarbons: Algeria invites Kuwaiti companies to the Algeria Bid Round 2026
According to Radio Algerienne, the Minister of State for Hydrocarbons invited Kuwaiti companies to invest and to join the Algeria Bid Round 2026 tender.
In short
According to Radio Algerienne, citing a ministry communique, the Minister of State for Hydrocarbons met the Kuwaiti Minister of Oil in Riyadh. He invited Kuwaiti companies to invest in Algeria's hydrocarbons sector and to take part in the Algeria Bid Round 2026 tender.
Key points
- Meeting in Riyadh on the sidelines of the 25th World Petroleum Congress, 11 to 15 October.
- Topic: bilateral cooperation in hydrocarbons.
- Kuwaiti companies are invited to invest in hydrocarbons in Algeria.
- They are also invited to the Algeria Bid Round 2026 tender.
- Both sides discussed coordination within OPEC and the OPEC+ alliance.
What the communique reports
According to Radio Algerienne, the Ministry of Hydrocarbons states that the Minister of State discussed in Riyadh on Monday, with the Kuwaiti Minister of Oil, ways to strengthen cooperation between the two countries in hydrocarbons.
The meeting took place on the sidelines of the 25th World Petroleum Congress, held from 11 to 15 October.
Topics discussed
The same dispatch says the talks covered coordination within OPEC and the OPEC+ alliance. Both sides also reviewed the interest of Kuwaiti investment groups in the Algerian market.
- Cooperation in the oil and gas industry.
- Consultation within OPEC and the OPEC+ alliance.
- Stability of global oil markets and balance of supplies.
Invitation to Kuwaiti companies
The Minister of State invited Kuwaiti companies to invest in the hydrocarbons sector in Algeria and to take part in the Algeria Bid Round 2026 tender.
He referred to the legal frameworks governing investment and hydrocarbons in Algeria. The Kuwaiti minister expressed the interest of Kuwaiti oil and investment companies in long-term joint projects with their Algerian counterparts.
For foreign investors
According to Radio Algerienne, Kuwaiti companies were invited to invest in hydrocarbons in Algeria and to take part in the Algeria Bid Round 2026 tender. The minister referred to the legal frameworks governing investment and hydrocarbons.
Frequently asked questions
Who was invited to the Algeria Bid Round 2026 tender?
According to Radio Algerienne, the Minister of State for Hydrocarbons invited Kuwaiti companies to take part and to invest in the hydrocarbons sector in Algeria.
Where and when did the meeting with the Kuwaiti Minister of Oil take place?
It took place on Monday in Riyadh, on the sidelines of the 25th World Petroleum Congress, held from 11 to 15 October, according to Radio Algerienne.
What does the communique say about OPEC?
According to Radio Algerienne, the talks covered coordination and consultation within OPEC and the OPEC+ alliance.
Who can handle this procedure in Algeria?
UpGrowth, based in Algiers (Birkhadem), supports Algerian and foreign companies with entering Algeria without travelling (soft landing). Contact: https://www.upgrowth.dz/contact?service=soft-landing.