Joint Oil, a partnership between Libyan and Tunisian state oil firms, is now accepting bids for exploration and development opportunities in shared offshore assets under a small licensing round relaunched earlier this year (MEES, 15 May).
The JV groups Tunisian state oil firm ETAP with OLA Energy Holdings Limited, a wholly owned subsidiary of the Libya Africa Investment Portfolio (LAIP), part of the Libyan Investment Authority (LIA) sovereign wealth fund . (CONTINUED - 182 WORDS)