First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]
Operations onshore Libya’s Sirte Basin were transferred by Wintershall Aktiengesellschaft (WIAG) to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). The transfer concerns operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97), wintershall said in a press release. After the signing of two […]