Libya Takes ‘Pivotal Step’ With First Deepwater Well

...adames Basin (see map & MEES, 4 June 2007). The UK major pledged to spend $900mn drilling 17 wells at the assets, but the plans were disrupted by the 2011 revolution and the ensuing instability. Eni has since taken over as operator of the consortium with each firm holding 42.5%. As a deepwater wi...