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Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus

2024-10-28 10:10

Wedoany.com Report-Oct 28, Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corporation (NOC) said.

NOC also said in a statement that Eni had started drilling in an area of the Ghadames Basin.

‎It noted that the well A1-96/3 is the first contractual obligation in Area B in the Ghadames Basin, in accordance with the Type IV Contracting Agreement of 2007. Eni operates the area in partnership with BP and the Libyan Investment Company.‎

‎Mellitah Oil & Gas oversees the drilling and execution of all activities related to this well, thanks to its extensive experience in the region following the commissioning and development of its Al Wafa field.‎

‎The NOC said that a range of promising geological formations will be tested at well A1–96/3, which is expected to contain oil and gas. The final well is expected to be about 10,327 feet (3,147 metres) deep.‎

‎The well A1-96/3 is about 35 kilometres from the Wafa field, and about 650 kilometres from the capital, Tripoli.‎

According to the NOC, Repsol, the Spanish oil company, was preparing to restart drilling in the Murzuq Basin, while Austria’s OMV plans to resume its activities in the Sirte Basin in the coming weeks.

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