Libya

Equinor, ADNOC, Eni, Santos, Saipem, and Halliburton lead this week’s offshore energy headlines, with a new Barents Sea discovery, a $6.2 billion UAE gas project FID, and major contract awards across Côte d’Ivoire, Iraq, Libya, and Romania. Key updates also include progress at Santos’ Barossa and Pikka developments and new North Sea drilling commitments from Equinor a…

Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.

Sulzer and JSIL are teaming up to provide the service for oil and gas, power generation, and industrial operations.

By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.

Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.

The deal targets increased investment and production from one of the country’s largest onshore developments.

Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.

The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average.

As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.

The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.