Western powers are deepening their footprint in Libya’s oil sector, with renewed IOC interest and the resumption of deepwater ...

The extension revises fiscal terms to enhance production from the Waha Concessions, which currently produce 370,000boepd.

Libya is reopening its oil and gas sector to foreign investors while deepening strategic energy cooperation with Egypt to ...

The exploratory well, drilled in the Essar prospect, reached a depth of 10,476 ft and encountered oil-bearing formations containing 15-42 MMboe estimated contingent recoverable volumes. Nov. 4, 2025 ...

Nabors Industries Ltd. NBR recently announced the addition of a third drilling rig to the Waha oil field in Libya’s Sirte Basin. The company also mentioned that the new rig will commence operations in ...

Libya's National Oil Corporation (NOC) has announced the start of oil and gas production at the Chadar field, operated by its subsidiary Zallaf for Oil and Gas. The field is now producing more than ...

Vienna-based OMV has made an oil discovery onshore Libya, according to the country's state oil company. Libya's National Oil Corporation (NOC) reported late last week that OMV's B-1 exploration well ...