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Sunday, March 1, 2026 12:44 GMT
Libya has awarded oil exploration and production licenses to several major international energy companies, marking the first time in 17 years that the country has opened its oil sector to foreign investors. The announcement came during a National Oil Corporation (NOC) ceremony in Tripoli last week, attended by Prime Minister Abdul Hamid Dbeibah, senior government officials, diplomats and representatives from the energy industry. Among the companies awarded licenses were Chevron (USA), Repsol...More