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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades.

Oil 130
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African national oil companies (NOCs) partnering with independents to drive E&P

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(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130