The state Polish Oil and Gas Company (PGNiG) confirmed the lifting of force majeure and the resumption of exploration in the Ghadames Basin (concessions 1,2/113) in April.
The announcement came yesterday during a meeting between PGNiG and the state Libyan National Oil Corporation (NOC) at the latter’s Tripoli headquarters.
The NOC said it had held the meeting with PGNiG in order to encourage foreign companies to lift the force majeure and resume their exploration activity, after the security stability in the oil areas.
The NOC welcomed PGNiG’s announcement, stressing that it will provide all the logistical facilities that the company needs to complete its contractual obligation of drilling exploratory wells and seismic surveying.
It will be recalled that PGNiG had previously announced that it had made two gas discoveries in the region before declaring the state of force.
It will also be recalled that in November last year, the NOC had announced that during a virtual meeting it had discussed the lifting of force majeure and resumption of exploration activity by PGNiG.
NOC discusses with Polish Oil and Gas Company’s resumption of work next year (libyaherald.com)
