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E&A

Exploration Well

Field

Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas 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. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Oil

Oil Exploration and Production Field Offshore

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

Oil & Gas 360º

MARCH 10, 2025

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Negotiations are underway with ExxonMobil and Chevron to boost exploration.

E&P

E&P Oil Exploration and Production Basin

Energy Aggregated

Libya launches first oil exploration bid round in 17 years

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

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