403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Libya Inks Offshore Energy Exploration Agreement with Chevron
(MENAFN) Libya’s National Oil Corporation announced late Thursday that it has signed a memorandum of understanding (MoU) with US-based energy company Chevron to conduct a technical study for the offshore “NC 146” block.
As stated by reports, the corporation shared remarks from its chairperson, Mesud Suleiman, regarding the agreement.
Suleiman explained that the MoU involves preparing a detailed technical study for the “NC 146” offshore block, an area expected to bolster Libya’s national reserves and yield significant discoveries.
“This partnership is not only a technical agreement but also a message of confidence in Libya’s investment environment and evidence of the return of major companies to explore and operate in promising opportunities in our country,” Suleiman said.
As stated by reports, the corporation shared remarks from its chairperson, Mesud Suleiman, regarding the agreement.
Suleiman explained that the MoU involves preparing a detailed technical study for the “NC 146” offshore block, an area expected to bolster Libya’s national reserves and yield significant discoveries.
“This partnership is not only a technical agreement but also a message of confidence in Libya’s investment environment and evidence of the return of major companies to explore and operate in promising opportunities in our country,” Suleiman said.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment