Libya grants oil and gas exploration rights to Chevron and Repsol consortium
Libya's National Oil Corporation awarded exploration licenses to Chevron and a Repsol-led consortium today. The deals cover blocks in the Sirte and C3 basins.
Insights:
The Libya National Oil Corporation announced on 2026-02-11 that it has awarded new oil and gas exploration licenses to major international operators, marking a significant step in the country's efforts to revitalize its energy sector. According to the announcement, Chevron Corporation has been granted a license for exploration in the Sirte S4 Basin, while a consortium consisting of Repsol, S.A. and TOPC has been awarded a license for the C3 Basin.
