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(World Oil) – Chevron Corp. 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. Waha Oil Co., Eni SpA and Exxon Mobil Corp.
Libya has struggled to quell unrest since the 2011 fall of longtime dictator Moammar Qaddafi. The country, which has the biggest-known crude reserves in Africa, is split between two governments that frequently feud over control of under-invested oil resources.
(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025.
(Oil Price) –Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libyas crudeoilproduction currently exceeds 1.4
The signing formally initiates a four-year exploration period. CanCambria has licensed high-quality 2011 vintage 3D seismic over the area and is preparing to reprocess and merge with new proprietary 3D data volumes. is a Canadian-based exploration and production company specializing in tight gas development.
Huntsville, Alabama, USA – June 26, 2011: Close up of illuminated bp sign at gas station in Huntsville, Alabama. bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. Gulf of America/Gulf of Mexico.
OPEC+ members agree to larger-than-expected oilproduction hike in August Summary : An eight-nation OPEC+ group, including Russia and Saudi Arabia, agreed to a larger-than-expected 548,000 barrels per day (bpd) production hike for August. This relief for over 61 million travelers is driven by cheap crudeoil, as the U.S.
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