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The Arabian Gulf Oil Company (AGOCO), an oil company based in Benghazi and subsidy of the National Oil Corporation (NOC), announced a plan to convert the HH59-65 well, currently classified as an “observation well” and located in the Masla oil field, into a producing well after a hiatus of two years and eight months.

Central Bank of Libya (CBL) Governor has met in Tripoli with Presidential Council President, Government of National Unity (GNU) Prime Minister, GNU Finance Minister, and Director of the Banking and Monetary Control Department, to discuss determining the status of public revenues and spending for the year 2023.

Repsol Energy announced that it will resume in the Al-Sharara oil field after Libya’s National Oil Corporation (NOC) has lifted force majeure from the field, which was shut down three weeks ago.