Libya awarded oil and gas exploration blocks to foreign firms on Wednesday, including Chevron, Eni, QatarEnergy and Repsol, in its first licensing round in nearly two decades as it seeks to revitalise the sector despite political risks. Libya reopened oil and gas bidding after 17 years , awarding blocks to Chevron, Eni, QatarEnergy, and Repsol. , awarding blocks to Chevron, Eni, QatarEnergy, and Repsol. The National Oil Corporation (NOC) announced the winners of its first bidding round since 2007, allocating key acreage across the onshore Sirte and Murzuq basins and the offshore Sirte basin in the gas-rich Mediterranean. Chevron secured the Sirte S4 exploration license, marking a significant return to Libya’s most prolific onshore basin.

Source: Libya Today February 13, 2026 10:28 UTC