Management

Operators remain cautiously optimistic in 2025, despite regulatory uncertainties.
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.
The acquisition, expected to close in early 2025, will bring Optime Subsea’s umbilical-less technology into Halliburton’s Testing and Subsea division.

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