Tag Archives | gas exploration

Sirte Oil Company resumes Gas Field Development

Sirte Oil Company (SOC), responsible for the exploration and production of oil and gas, has resumed development drilling activity in the Sahl field at well No. O23-6, following a four-year hiatus as a result of the local security situation during this period. SOC deployed the ‘APHRON’ drilling technique on this well, under the supervision of […]

Eni, BP, NOC sign Deal to Resume Libyan Exploration

National Oil Corporation (NOC) Chairman, Mustafa Sanalla, BP Group Chief Executive, Bob Dudley, and Eni CEO, Claudio Descalzi, signed a Letter of Intent (LOI) in London today which will launch the process for Eni to acquire a 42.5% stake in BP’s Exploration and Production Sharing Agreement (EPSA) in Libya, with an aim to boost in-country […]

Total to Start Exploring Offshore in May

French oil giant Total has said that it aims to start offshore exploratory drilling for gas in Libya next month. Bernard Avignon, managing director of Total Exploration and Production in Libya, told reporters that the company was waiting for a drilling rig that was undergoing tests in Croatia: “We hope it will start making its […]