Oil majors compete for Libya’s first exploration tender since 2011 war
Oil & Gas 360º
JULY 2, 2025
and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million bpd.
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