Libya’s National Oil Corporation (NOC) held its first technical meeting with a consortium comprising Spain’s Repsol, Türkiye’s Turkish Petroleum Corporation (TPAO), and Hungary’s MOL to discuss exploration plans for offshore Block 22, awarded to the consortium under the latest public bid round, according to NOC’s statement.

The deepwater block extends to depths of up to 2,000 meters. Discussions focused on the consortium’s proposed exploration plans and work programs, including a 2,676-square-kilometer 3D seismic survey and a 1,500-kilometer 2D seismic survey, both scheduled to commence in the second quarter of 2027.

Established in 1970, NOC is Libya’s state-owned oil and gas entity, responsible for managing the country’s hydrocarbon resources and overseeing exploration, production, refining, and marketing activities. It also manages partnerships with international energy companies to develop the country’s oil and gas sector.

The meeting forms part of the NOC’s ongoing efforts to oversee offshore exploration activities and strengthen partnerships with international operators to expand Libya’s hydrocarbon reserves and support its national economy.