Whilst Libya has struggled to attract the investment and expertise of leading western services firms (MEES, 19 January), the largest such firm SLB (formerly Schlumberger) flags up three key recent Libya deals in its Q4 results on 19 January.
SLB says it and local partner National Oil Wells Drilling & Workover Company have won a contract to drill an initial two wells (plus one optional) for Spain’s Repsol. Repsol and partners TotalEnergies, Equinor and OMV plan to kick off a nine-well exploration drilling campaign on their NC-115 and NC-186 ‘Sharara’ blocks in far southwest Libya from April. (CONTINUED - 314 WORDS)