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Home Business

Repsol to resume exploration in its contracted area in the Murzuq Basin in April 2024

bySami Zaptia
December 8, 2023
Reading Time: 1 min read
A A
NOC announces force majeure at Zawia port

(Logo: NOC).

The state Libyan National Oil Corporation (NOC) announced Wednesday that Spanish oil exploration and production company Repsol announced the restart of its exploratory drilling activity in the Murzuq Basin contract area in April 2024.

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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

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Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

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