The reopening of exploration licenses in Libya, after nearly eighteen years of inactivity, marks a significant transition for the country's energy sector. The most telling figure isn't so much who won, but rather how many blocks remained unassigned: only five out of twenty were actually awarded. For Energy Capital & Power, this doesn't represent a failure, but rather a sign of a "selective restart." The portal emphasizes that the companies' decisions reflect a risk management approach: not a massive and indiscriminate return, but a gradual and calculated one. In this sense, the reopening of licenses represents a sign of progress, but not yet a full reset of international confidence in the Libyan energy sector.

Source: Libya Today February 13, 2026 11:48 UTC