Browsing: Sonatrach

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).

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.