British Oil Giants to Lead Revival of Libyan Oil and Gas Output at Key Sites
4 Articles
4 Articles
British Oil Giants to Lead Revival of Libyan Oil and Gas Output at Key Sites
British oil giants BP and Shell last week signed a range of agreements with Libya’s National Oil Company (NOC) aimed at boosting the country’s oil and gas output recovery. Very few people outside the oil and gas industry appreciate the much broader and deeper strategic significance that often lies behind the announcement of new exploration and development deals or how that significance can be manifested on the ground. At the core of this is the …
Libya’s NOC & BP Sign Agreement to Redevelop Major Oilfields
Libya’s National Oil Corporation (NOC) has signed a significant Memorandum of Understanding (MoU) with British energy company BP to assess the redevelopment of two of Libya’s most important oilfields, Sarir and Messla, located in the Sirte Basin. The agreement marks a strategic step toward revitalizing some of the country’s oldest hydrocarbon assets and exploring broader energy opportunities. Discovered in 1961 and 1971 respectively, the Sarir a…
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium