Inpex Wins Blocks in Second Libyan Licensing Round


Basins of Libya
(Click to Enlarge)
Inpex in partnership with Total was the winning bidder for the Area 042 Block 2 & 4 on October 2nd in the second licensing round for exploration and production sharing agreements in Great Socialist People's Libyan Arab Jamahiriya.

The block is located in the Cyrenaica basin, in the northeast part of the country and covers 3,419 square kilometers .

Inpex has a 40% participating interest in the block and Total is the operator (60%). Inpex and Total will execute the Exploration Production Sharing Agreement of the block with National Oil Corporation in November.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Houston: Account Rep, Bus Dev
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
 
General Manager US
Expertise: Business Development|Executive|Technical Manager
Location: Houston, TX
 
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours