Biggest News Aggregation in the World
📰 Contract Area News

Contract Area News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Contract Area. Real-time updates on events, politics, business and more.

Libya resumes exploration in Ghadames Basin following NOC acquisition

Nafusa Oil Operations BV announced that the National Oil Corporation (NOC) has acquired the foreign partner's share in developing the North Hamada field, leading to the resumption of exploration activities in Block 47 of the Ghadames Basin, which had been halted since 2014. In a statement on Friday, the company said this acquisition is expected to facilitate new discoveries in Block 47, which can be quickly developed and connected to the surface facilities currently being completed.
Libya General National Oil Corporation Nafusa Oil Operations Medco Energy North Hamada Ghadames Basin

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

TotalEnergies EP Uganda reaffirms commitment to diversity and inclusivity in strategic partnership with Light for the World

TotalEnergies EP Uganda enlists the support of Light for the World in streamlining internal disability inclusion frameworks and improving accessibility for people with disabilities to opportunities
Silvester Kasozi Philippe Groueix Un Sustainable Development Goal International Labour Organisation Disability Charter Development Goal Phillipe Groueix

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science