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Country summary: Libya

energy-pedia opportunities - Libya:
Current deals: 0
Licensing articles: 32
Completed deals: 15

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Libya - recent news

06 Aug 25
Libya: ExxonMobil signs MoU to explore four blocks offshore Libya
Libya's National Oil Corporation has signed an MoU with ExxonMobil in London. The broad outlines of the MoU state that ExxonMobil conducts a detailed technical study of four offshore blocks located near the northwest coast and the Sirte Basin.
08 Jul 25
Libya: bp and NOC sign MoU to explore redevelopment of giant Libyan oilfields and unconventional potential
bp has 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, including the exploration potential of adjacent areas, and to understand the wider unconventional oil and gas potential within the country.
05 May 25
Libya: Eni CEO Claudio Descalzi meets the Prime Minister of the Libyan Government of National Unity Abdul Hamid Mohammed Dbeibeh
The Prime Minister of the Libyan Government of National Unity, Abdul Hamid Mohammed Dbeibeh, and Eni’s CEO, Claudio Descalzi, met in Tripoli to review the progress of activities in the Country, namely the three projects sanctioned in 2023: Sabratha Compression, Bouri Gas Utilization Project and Bahr Essalam Structures A&E.
07 Jan 25
Libya: Oil production surpasses 2024 target by over 17,000 barrels
Libya's National Oil Corporation (NOC) ends 2024 with immense pride and satisfaction, having successfully overcome the extraordinary challenges facing the country. A key highlight of this success is the significant boost in oil production, which has exceeded the target outlined in the NOC’s plan for the year.
07 Jan 25
Libya: Repsol resumes exploratory drilling in Libya
Repsol has resumed its exploration activities in the Murzuq Basin after more than a decade of suspension, which began in 2014. On December 31, 2024, the company commenced drilling operations at the A1-2/130 (Neser Prospect) exploratory well.

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