The Libyan National Oil Corporation’s Chairman, Farhat Bengdara, and the Algerian state Sonatrach Company’s General Director, Rachid Hachichi, signed today annexes to extend the Exploration Production Sharing Agreement (EPSA) agreements for Area 95/96 and Area 65, to compensate Sonatrach for the suspension period due to the force majeure situation, according to the Government of National Unity (GNU).
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Libya’s state-owned National Oil Corporation (NOC) held a technical meeting last Monday with representatives of its Algerian counterpart, Sonatrach, to define an exploration plan to be carried out in 2024 in the Ghadames Basin, in western Libya.
Sonatrach, Algeria’s state-owned oil company, is resuming gas exploration activities in Libya after years of halt.
The National Oil Corporation (NOC), the state-owned oil company of Libya, and its Algerian counterpart Sontrach will organize a high-level meeting next Tuesday, on November 7, in Tripoli, to discuss resuming some of the Algerian company’s projects in Libya.
Three of the biggest foreign energy companies operating in Libya have lifted force majeure and resumed exploration in the country’s oilfields, the National Oil Corporation (NOC) announced today.
The Algerian energy company, Sonatrach, announced that it had made six oil and gas discoveries during the first quarter of…
Algeria’s national oil company Sonatrach is preparing to resume suspended oil projects in Libya, the state news agency APS reported on Monday.
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