Libya Seeks Oil Renaissance as Chevron and TotalEnergies Compete in Historic Tender
In a significant development for the global energy landscape, Chevron Corp. and TotalEnergies SE are among 37 international firms competing for exploration rights in Libya's inaugural energy tender since the upheaval in 2011. This tender represents an essential step for the North African nation as it endeavors to rejuvenate its faltering oil sector and attract valuable foreign investments.
Other prominent players, including Eni SpA and ExxonMobil, have also shown interest, according to Massoud Seliman, the…