Türkiye’s company TPAO wins oil blocks in Libya
Turkish Petroleum Corporation (TPAO) has won two oil blocks — one offshore and one onshore in Libya.
Türkiye’s state-owned Turkish Petroleum Corporation (TPAO) has won two blocks — one offshore and one onshore — in Libya’s hydrocarbon exploration and production tender covering 22 blocks, launched after a 17-year hiatus.
The ceremony announcing the tender results was attended by Libyan Prime Minister Abdulhamid Dbeibeh, Oil and Gas Minister Khalifa Abdulsadek, Chairman of Libya’s National Oil Corporation Masoud Suleiman, and representatives of numerous international energy companies.
The Tender Committee affiliated with Libya’s National Oil Corporation announced that TPAO secured the onshore C3 block in partnership with Spain’s Repsol.
The committee also stated that TPAO won the offshore O7 block in partnership with Repsol and Hungary-based MOL.
Libya’s Ministry of Oil and Gas had announced last year that, for the first time in 17 years, it launched a tender for oil and natural gas exploration and production in 22 blocks — 11 onshore and 11 offshore.