Libya’s National Oil Corporation said Wednesday (Jan. 25) it had reached an $8-billion deal with Italian energy giant ENI to develop offshore hydrocarbon sites.
“We have reached a deal with ENI to develop the oil and gas sector, by developing two offshore sites which together will be able to produce 850 million cubic feet of gas” per day, NOC head Farhat Bengdara told Al-Masar, a Libyan news channel.
The $8 billion deal would be…
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