Skip to main content

After decade halt, Eni, BP resume hydrocarbon exploration in Libya

Onshore drilling had been suspended for a decade, since the beginning of the Libyan civil war between rival factions in the country’s east and west.

ENI headquarter in San Donato Milanese, near Milan, Italy, Oct. 27, 2017.
ENI headquarters in San Donato Milanese, near Milan, Italy, Oct. 27, 2017. — MARCO BERTORELLO/AFP via Getty Images

The Italian energy company Eni and UK oil giant BP have resumed exploration in Libya for the first time since drilling was halted in 2014, Libya’s state-run National Oil Corporation has said.

Onshore drilling had been suspended for a decade, since the beginning of the Libyan civil war between rival factions in the country’s east and west. 

In a statement issued Sunday, NOC announced that Eni had begun drilling in the Ghadames Basin, in the northwest. It added that  well A1-96/3 is the first contractual obligation in the basin’s Area B. The Italian energy company operates in the basin in a partnership with BP and the Libyan Investment Company.

NOC said there will be more exploration in A1–96/3, which is thought to contain oil and gas. The final well is expected to be about 10,327 feet (3,147 meters) deep, the state-run firm said. 

SUBSCRIBER EXCLUSIVE

Continue reading this exclusive analysis

Original reporting and analysis unavailable elsewhere. Subscribe to AL-MONITOR to read this story and access everything we publish