Austrian multinational integrated oil, gas and petrochemical company OMV will resume exploration in Libya’s Sirte Basin in February 2024, according to a statement.
OMV had paused its upstream operations in the basin following the declaration of force majeure in 2014, which was lifted in September last year.
The milestone is in line with efforts by the Libyan government to enhance the country’s oil and gas reserves as well as production capacity.
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The Libya Energy & Economic Summit 2024 represents the second edition of this important investment platform. Organized by Energy Capital & Power, LEES 2024 takes place with the endorsement and support of the Office of the Prime Minister, the Ministry of Oil and Gas, and the National Oil Corporation. For information about participating as an official delegation, contact james@energycapitalpower.com. For information about sponsorship options, contact sales@energycapitalpower.com. For information about registration, contact registration@energycapitalpower.com
The Libya Energy & Economic Summit 2024 represents the second edition of this important investment platform. Organized by Energy Capital & Power, LEES 2024 takes place with the endorsement and support of the Office of the Prime Minister, the Ministry of Oil and Gas, and the National Oil Corporation. For information about participating as an official delegation, contact james@energycapitalpower.com. For information about sponsorship options, contact sales@energycapitalpower.com. For information about registration, contact registration@energycapitalpower.com
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