The Libyan National Oil Corporation (NOC) is seeking to sign an agreement with a coalition of foreign companies to develop the Hamada gas field NC7 in exchange for a 40% share for those companies, according to news circulating within the oil sector.
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The American Exxon Mobil oil and gas company will start conducting seismic surveys in two blocks southwest of Greece’s Peloponnese peninsula and the island of Crete in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday.
Oil Minister of Abdul Hamid Dbeibeh’s outgoing government, Mohamed Aoun, suggested to Turkey’s Ambassador to Libya, Kenan Yilmaz, signing a memorandum of understanding in the field of oil and gas as the first step to start cooperation between Libya and Turkey in the field.