TRIPOLI, April 9 – Libya’s National Oil Corporation (NOC) has announced three new oil and gas discoveries in partnership with international energy firms.
According to statements released by the state oil company, the discoveries were made in collaboration with Algeria’s Sonatrach, Italy’s Eni North Africa, and Spain’s Repsol through its Libyan unit.
The first discovery was recorded in the Ghadames Basin in northwestern Libya near the Algerian border. Initial tests showed production levels of about 13 million cubic feet of gas per day alongside 327 barrels of condensates.
In a separate development, NOC confirmed a second gas discovery offshore western Libya, approximately 95 kilometres from the coast. The project, carried out with Eni North Africa, delivered two test flow rates of 14 million and 24 million cubic feet of gas, indicating strong output potential from the offshore field.
Meanwhile, a third discovery was made in the Murzuq Basin, located roughly 800 kilometres south of Tripoli, in partnership with Repsol. Post-drilling tests at the exploratory well recorded production of 763 barrels of oil per day.
The new finds come as Libya continues to rely heavily on hydrocarbons, with oil accounting for more than 95% of the country’s economic output.
Authorities have been working to sustain production levels and attract foreign investment into exploration activities following years of supply disruptions.
