Joint Oil, a partnership between Libyan and Tunisian state oil firms, has relaunched a small bid round for exploration and development opportunities in shared offshore assets. The acreage was previously offered up in 2023, but failed to attract investors (MEES, 15 December 2023).

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 (MEES, 15 December 2023). (CONTINUED - 803 WORDS)