The European oil and gas giant said these were made following exploration activities near the Bahr Essalam field, Libya’s largest producing offshore gas field. The joint venture is committed to drilling a further 16 wells in Libya, across onshore and offshore areas. It also agreed with the NOC to make the development of the Waha-concession North Gialo and NC-98 oil fields a priority. The SRP is in line with KBR’s efforts to advance key oil and gas infrastructure across the country. Positively as well, Libya’s NOC was advancing plans at that point to roll out enhanced oil recovery (EOR) techniques to increase crude oil production at maturing oil fields, and its predictions of being able to increase capacity by around 775,000 bpd through EOR at existing oil fields looked well-founded.

Source: Libya Today March 24, 2026 20:10 UTC