Tag Archives | NC-115

OMV’s 1st Oil Find in Libya since Revolution

Austria’s OMV and its partners have discovered oil in Libya. The successful exploration has been made in the Murzuq Basin, 800 km south of the capital Tripoli. Jaap Huijskes (pictured), OMV Executive Board Member responsible for Exploration and Production: “This discovery in Libya confirms the potential of the country for OMV’s upstream activities.“ Repsol, the […]

Repsol Discusses Exploration Plans in Libya

Platts reports that the chairman of Libya’s National Oil Corporation (NOC) and held a meeting with a senior delegation from Spain’s Repsol to discuss the company’s exploration and production plans in Libya. Repsol’s equity share of oil output from its Libyan concessions amounted to 14.07 million barrels of crude oil in 2012, and it accounts […]

Repsol to Resume Oil Drilling in Libya

Spanish oil firm Repsol is reported to be making final preparations to resume drilling in Libya early next year. The company currently has rights to nine blocks, seven of which, totalling 16,185 km2, are exploratory; and two of which, totalling 1,566 km2, are in operation. It made a discovery at block NC-115 in January 2011, […]