Frequently asked questions

Midad Energy is a private Saudi energy company owned by Sheikh Abdulelah Mohammed AlAiban and headquartered in Riyadh. It was founded in 1994. It explores for and produces oil and gas, invests in energy infrastructure, and holds interests in Saudi Arabia, Algeria, Egypt and Azerbaijan.

Midad Energy is privately owned by Sheikh Abdulelah Mohammed AlAiban, who is also its President and Chief Executive Officer. Its legal name is Midad National Energy Company. It is not listed, and it has no state shareholding.

No. Midad Energy is a separate and unrelated company to Midad Holding, which is part of the Al Fozan Group. Midad Energy is privately owned by Sheikh Abdulelah Mohammed AlAiban and its legal name is Midad National Energy Company. The two companies share part of a name and nothing else.

No. Midad Energy is a private company with no state shareholding and no affiliation to Saudi Aramco or any government body. It has partnered with national oil companies including Sonatrach, SOCAR and EGPC, but those are commercial partnerships rather than ownership.

Riyadh, Kingdom of Saudi Arabia, at 8053 King Fahad Road, Al Olaya, Riyadh 12214. The company also has offices in Jeddah and in Amsterdam, where Midad Energy North Africa B.V. is registered.

More than 700 people directly and around 500 more indirectly, across five countries.

Saudi Arabia, Algeria, Egypt and Azerbaijan. The company also has historical interests in Kazakhstan and elsewhere in Central Asia, in Tunisia and offshore West Africa.

Midad Energy works across four businesses: upstream oil and gas, energy investments, midstream and infrastructure, and real estate development through Midad Real Estate. It explores for and produces hydrocarbons, usually as a partner to a national oil company, and invests in the infrastructure that carries production to market.

Illizi Sud is a thirty-year production sharing contract with Sonatrach in Algeria’s Illizi Basin, near the border with Libya, with an estimated total investment of US$5.4 billion. It covers exploration, appraisal and full field development. Midad Energy is funding the exploration phase in full.

Midad Energy took part in the Azeri-Chirag-Gunashli production sharing agreement signed in Baku in 1994, contributing to early engineering, operational planning and investment structuring alongside bp, SOCAR and Statoil.

Through the Partnerships enquiry form, which routes to the business development team. Include the country, the asset or opportunity, and the stage it has reached.

Sonatrach in Algeria, SOCAR in Azerbaijan and EGPC in Egypt. Some of these relationships date to the 1990s and are still running.

Through the supplier enquiry form on the suppliers page.

Open the role on the Careers page and use the application form at the bottom of it. The form attaches your CV and quotes the role reference for you. You can also email your CV to careers@midadenergy.com with the reference in the subject line.

Yes. Send a general application from the Careers page with your CV and a short note on what you do. The team will contact you if a matching role opens.

Email media@midadenergy.com. Press releases and the company boilerplate are on the News page.