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The National Oil Corporation reviews exploration programs with the Italian company Eni, British company BP, and the Libyan Investment Authority

The Exploration Department of the National Oil Corporation discussed, in a meeting held on Monday, the exploration programs for the period 2023-2028 with the officials of the coalition of the Italian company Eni, the British company BP, and representatives of the Libyan Investment Corporation. The meeting addressed overcoming the difficulties and obstacles that may be faced during implementation, as well as the financial aspects and the specified timeframe for completing these programs.

The meeting was attended by the acting Director of the Exploration Department at the Corporation, “Abdulnaser Bin Zeytoun,” and the Italian company “Eni” was represented by the Deputy General Manager of the North Africa Branch, “Wanis Al-Ruaimi,” the Exploration Director, “Giuseppe Britti,” and the Well Operations Manager, “Andrea Minardi,” in addition to representatives of the Libyan Investment Corporation and officials from “BP” via video technology.

The National Oil Corporation had previously signed an agreement with the Italian company Eni and the British company BP, under which the Italian company will work as an operator to resume exploration activities in three areas in Libya, including two onshore areas in the Ghadamis Basin and an offshore area in the Sirte Basin, with a total area of 54,000 square kilometers.

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