Libya | Egypt Oil & Gas - Part 2

Eni, QatarEnergy Secure Offshore Block O1 in Libya’s 2025 Licensing Round

Through a consortium, Eni and QatarEnergy have won the offshore exploration License O1 as part of Libya’s National Oil Corporation (NOC) 2025 competitive bid round, further consolidating their upstream footprint in th...

Libya Secures $20 Bn Oil Investment Deal to Boost Output Capacity

Libyan Prime Minister Abdulhamid al-Dbeibeh has announced a landmark 25-year oil development agreement with France’s TotalEnergies and US-based ConocoPhillips, committing more than $20 billion in foreign-funded invest...

Egypt, Libya Sign MoU on Oil, Gas and Mining Cooperation

Egypt and Libya have signed a memorandum of understanding (MoU) to deepen cooperation in the oil, gas, and mining sectors on the sidelines of the Libya Energy and Economic Summit in Tripoli, according to a statement b...

Eni Resumes Drilling in Offshore Libyan Block After Five-Year Hiatus

Eni North Africa has resumed offshore exploration operations in Block 16/4 northwest of Libya, after more than five years of suspension. Eni North Africa is a regional subsidiary of the Italian energy giant Eni, and i...

bp to Redevelop Mature Fields in Libya

bp signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin. Under the MoU, b...

Libya Announces First Public Bid Round for Oil Exploration in 17 Years

Libya plans to launch a public bid round for exploration after a 17-year hiatus, said Masoud Suleman, acting chairman of the National Oil Corporation (NOC). According to LANA News Agency, Libya’s Prime Minister Abdul ...

Egypt and Libya Set to Expand Trade and Investment in Petroleum Sector

The Egyptian General Petroleum Corporation’s (EGPC) Chairman, Salah Abdel Kerim, visited the Libyan National Oil Corporation’s (NOC) pavilion and met with Chairman of Oil Libya Company, and a number of officials from ...

Egypt, Libya Explore Cooperation Opportunities

Minister of Petroleum and Mineral Resources Tarek El Molla has held a discussion session with Farhat Bengdara, Chairman of the Libyan National Oil Corporation, and the accompanying delegation, on the sidelines of the ...

Top Eni Official: North Africa to be Italy’s Main Gas Supplier

Eni’s Natural Resources Chief Operating Officer, Guido Brusco, announced that  Algeria, Egypt and Libya will be Italy’s main gas suppliers for the next few years, Reuters reported. He noted that the energy...

Sirte Oil Company Announces Successful Drilling of the Exploratory Well J3- NC101

Sirte Oil Company has announced the successful drilling for its exploratory well, J3 – NC101 which achieved encouraging results after completing its drilling at depth of 7833 feet. According to Libya’s National ...

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