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  1. Libya’s NOC & Repsol Eye Q3 Drilling

    ...vels are unclear. Repsol CEO Josu Jon Imaz last put flows at 70,000 b/d in late April (MEES, 29 April). Exploration drilling has been few and far between in Libya since the 2011 overthrow of Gaddafi and the ensuing chaos. As such any return to drilling would be a huge win for Libya’s plans to mo...

    Volume: 65
    Issue: 22
    Published at Fri, 03 Jun 2022

  2. Libyan Fertilizer Plant Set To Restart

    ...e marketing of urea and ammonia from Yara with “factory operations expected to restart shortly.” Business for Lifeco hasn’t been great. The JV (50% Yara, 25% NOC, 25% Libyan Investment Authority) has made a loss each year since 2011, a cumulative $570mn to 2018. Yara in 2015 wrote down $112mn an...

    Volume: 62
    Issue: 25
    Published at Fri, 21 Jun 2019