Browsing Tag

Italys

Libya’s National Oil Corporation and Italy’s Eni restart offshore exploration after five-year pause

Libya’s offshore revival: Eni and the NOC return after a five‑year pause — but stability remains the real prize Libya’s state oil company announced this weekend that seismic surveys and geological work have resumed in several northwestern offshore blocks, marking the first time exploration operations by Italy’s Eni have been active in those waters in more than five years. The move, NOC officials said, follows technical and environmental assessments and is presented as part of a broader plan to “increase production capacity…

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