Tripoli, Feb 11, 2026 (AFP) - Libya grants foreign oil companies exploration licences

NAMPA / AFP
2026-02-11
Libya granted several foreign companies new oil exploration and production licences for the first time in 17 years on Wednesday, after more than a decade of political instability. The hydrocarbon-rich country is seeking to draw major global energy companies back, while boosting daily oil production by 850,000 barrels over the next 25 years. The winners of the latest bidding round included US oil giant Chevron and Nigeria's Aiteo. Consortiums of S......
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