Oil majors compete for Libya’s first exploration tender since 2011 war
Oil & Gas 360º
JULY 2, 2025
Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. Libya currently pumps about 1.4 million bpd. Waha Oil Co.,
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