Exxon Signs Oil Deal in Libya

Libya's NOC signs MoU with ExxonMobil after decade of inactivity

Libya's National Oil Corporation said on Monday it has signed a memorandum of understanding with US oil giant ExxonMobil after a decade of activity halt in the North African country due to security reasons.

ExxonMobil Strikes Deal To Reenter Libya After a Decade - The Media Line

Libya’s National Oil Corporation (NOC) has signed a […] The post ExxonMobil Strikes Deal To Reenter Libya After a Decade appeared first on The Media Line.

Exxon Signs Oil Deal in Libya

Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from the country. The news was reported by Libya’s National Oil Corporation, which said the U.S. supermajor will conduct a detailed technical study of the blocks that are located off the country’s northwest coast and the Sirte Basin with the purpose of identifying the size of oil and gas resources in the blocks. The deal follows similar …

NOC signs MoU with Exxon Mobil – returning to Libya after a 10-year hiatus

‎The National Oil Corporation (NOC), represented by its Chairman, Masoud Suleiman, announced yesterday that it had signed a Memorandum of Understanding (MoU) with US oil major Exxon Mobil in London yesterday.‎ The broad outlines of the memorandum revolve around the company conducting a detailed technical study of four offshore blocks located near the northwest coast […] The post NOC signs MoU with Exxon Mobil – returning to Libya after a 10-year…

Libya & ExxonMobil Sign Offshore Energy Deal

The National Oil Corporation (NOC) of Libya signed a Memorandum of Understanding (MoU) with U.S. oil titan ExxonMobil, resuming cooperation after a decade of inactivity in Libya’s offshore sector. The agreement outlines detailed geological and geophysical studies across four offshore blocks off Libya’s northwest coast and in the Sirte Basin, aiming to identify potential hydrocarbon reserves. ExxonMobil withdrew in 2013 amid escalating instabilit…