Chevron, Eni, QatarEnergy and Repsol Secure Licenses in Libya’s First Exploration Auction in Nearly Two Decades
Libya held its first competitive oil-and-gas licensing round in years, awarding exploration rights to a handful of international majors including Chevron, Eni, QatarEnergy and Repsol. Of 20 parcels offered onshore and offshore, only five attracted valid bids, underscoring both investor interest and the caution prompted by security, commercial and regulatory uncertainties.
