Commodities and Futures News

Italy’s Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says

10/26/2024

Less than a minute

2024.10.26 12:11

© Reuters. FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019. REUTERS/Flavio Lo Scalzo/File Photo

CAIRO (Reuters) – Italian energy company Eni and British oil giant BP (NYSE:) have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corporation (NOC) said on Saturday.

NOC also said in a statement that Eni had started drilling in an area of Ghadames basin on Saturday.

10/26/2024

Less than a minute

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