Libya has launched its first exploration bid round in 17 years as part of a strategy to boost oil production by more than 50% to 2 million barrels per day. The last time the country ran an acreage ...

He explained that the return of major companies to exploration in Libya will enhance Libya's position among the world's oil countries, and will add new reserves of oil and gas that will compensate for ...

Libya’s oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. The Libyan government has officially launched the ...