14 Hrs
Source:
عين ليبيا
Gulf Foundation on Oil Exploration and Output
Meetings between the National Oil Corporation and the Arabian Gulf Oil Company focused on discussing exploration programs and projects for 2027 in Libya, aiming to increase oil reserves and boost production. The discussions included an assessment of the work carried out during the current year, future work plans, with a focus on defining the budget and the technical and economic requirements for the proposed projects. Participants also discussed the possibility of converting some exploratory wells into production after completing the evaluation of their results, to enhance oil reserves and support the development plans for fields and production in the country.
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