Nevertheless, major oil companies like Eni, OMV, BP and Repsol have resumed exploration activities in Libya, undeterred by the decade-long hiatus. Eni signed an $8bn (€7.61bn) gas production ...

Libya's oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. The Libyan government has officially launched ...

That did not stop major oil companies Eni, OMV, BP, and Repsol from resuming exploration activities in Libya last year after halting them for a decade. Italy's Eni had already signed in 2023 an $8 ...

Optimism among stakeholders in Libya’s oil and gas sector has evaporated in recent months as the approval of the country’s budget has been delayed and instability has undermined operations at ...

(Bloomberg) -- Libya launched its first tender for energy exploration since before the 2011 civil war, as the OPEC member seeks to lure back oil and gas majors following years of political instability ...

According to the Chairman of Libya’s National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028. However, ramping output to that ...

Last week, NOC's Acting Chairman Masoud Sulaiman announced the launch of a new public bidding round for oil and gas exploration in Libya for the first time in 17 years.

Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.

Last week, NOC's Acting Chairman Masoud Sulaiman announced the launch of a new public bidding round for oil and gas exploration in Libya for the first time in 17 years. Enditem Follow China.org.cn ...