Libya's dinar has plunged to record lows, driven by a sharp decline in oil revenues and escalating political unrest.

In 2021, Petrofac secured a contract valued at $100m from Zallaf Libya Oil & Gas Exploration and Production Company to engineer, procure, construct and commission surface facilities at the field.

This new bidding round marks a pivotal moment for Libya, given its long break from exploration activities. It will give ...

(Bloomberg) Oil rose with the closure of Libya's largest oil field in a market that is already undersupplied, obscuring signs that closures in China are affecting its economic growth. Brent crude ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding that deals will involve production ...

Total is committed to participating in Libya’s ambitious oil and gas development strategy. The Group is operator of the Al Jurf offshore field and the Mabruk field in the Sirte Basin ...

LONDON - Libya is set to offer 22 areas for oil exploration in its first bidding round for such investment in more than 17 years, with new and attractive terms for investors, the country's top oil ...