By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
MadisonyMadisony
Notification Show More
Font ResizerAa
  • Home
  • National & World
  • Politics
  • Investigative Reports
  • Education
  • Health
  • Entertainment
  • Technology
  • Sports
  • Money
  • Pets & Animals
Reading: Eni resumes offshore exploration in Libya’s offshore Block 16/4
Share
Font ResizerAa
MadisonyMadisony
Search
  • Home
  • National & World
  • Politics
  • Investigative Reports
  • Education
  • Health
  • Entertainment
  • Technology
  • Sports
  • Money
  • Pets & Animals
Have an existing account? Sign In
Follow US
2025 © Madisony.com. All Rights Reserved.
Money

Eni resumes offshore exploration in Libya’s offshore Block 16/4

Madisony
Last updated: October 6, 2025 11:21 am
Madisony
Share
Eni resumes offshore exploration in Libya’s offshore Block 16/4
SHARE

[ad_1]

Libya’s state-owned Nationwide Oil Company (NOC) has introduced that the North African arm of Eni, an Italy-based vitality firm, has restarted exploration work within the north-west offshore space of Libya.

This transfer, notably specializing in offshore Block 16/4, indicators a resumption of exploration exercise after greater than 5 years.

In keeping with the NOC, this comeback entails re-entering the exploratory effectively C1-16/4, additionally known as BESS-3.

Drilling at that location started on 11 March 2020 and was carried out by the Ensco rig (4005).

The effectively was drilled to a depth of 1,012ft earlier than operations have been suspended as a result of Covid-19 pandemic.

Decommissioning of the rig occurred on 14 April 2020.

The Scarabeo-9 rig operated by oilfield companies multinational Saipem is now re-entering the effectively with the intention of finishing drilling to the ultimate deliberate whole depth of 10,520ft.

The exploratory effectively lies in Contract Space D, previously referred to as as MN 41, roughly 95km off the coast of Libya, at a water depth of round 743m.

It’s round 15km from the Bahr Es Salam fuel subject.

Final 12 months, in October, Eni and British oil and fuel multinational bp restarted exploration work within the nation with drilling work within the Ghadames Basin.

This restart got here after a ten-year hiatus, with onshore drilling halted in 2014 due to political instability and battle following the overthrow of the nation’s late ruler, Muammar Gaddafi, in 2011.

In July 2025, Mellitah Oil and Gasoline, a three way partnership between NOC and Eni, entered right into a contract with US-based Hill Worldwide to supervise the Buildings A&E undertaking.

This undertaking is predicted to spice up native fuel manufacturing and assist exports to Europe with the event of two fields in Contract Space D.

“Eni resumes offshore exploration in Libya’s offshore Block 16/4 ” was initially created and revealed by Offshore Expertise, a GlobalData owned model.

 


The knowledge on this web site has been included in good religion for basic informational functions solely. It’s not meant to quantity to recommendation on which you need to rely, and we give no illustration, guarantee or assure, whether or not specific or implied as to its accuracy or completeness. It’s essential to acquire skilled or specialist recommendation earlier than taking, or refraining from, any motion on the idea of the content material on our web site.

[ad_2]

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Email Copy Link Print
Previous Article Hidden World Struggle II Bristol Beaufighter Found on Seashore Hidden World Struggle II Bristol Beaufighter Found on Seashore
Next Article Greatest Bike Helmets (2025), Examined and Reviewed Greatest Bike Helmets (2025), Examined and Reviewed

POPULAR

England World Cup Player Earnings: Match Fees, Bonuses, and Prize Money
Sports

England World Cup Player Earnings: Match Fees, Bonuses, and Prize Money

Phil Collins Offers Oasis Benefit of Doubt After Past Insults
Entertainment

Phil Collins Offers Oasis Benefit of Doubt After Past Insults

Julian Alvarez: Argentina Star’s Rise, Release Clause, and Life Off-Pitch
world

Julian Alvarez: Argentina Star’s Rise, Release Clause, and Life Off-Pitch

IBM Warns of AI Bubble Amidst Growing Market Concerns
business

IBM Warns of AI Bubble Amidst Growing Market Concerns

Netflix Stock: Can Earnings Reverse 2026’s 20% Slide?
top

Netflix Stock: Can Earnings Reverse 2026’s 20% Slide?

Lady Louise Windsor’s Resemblance to Queen Elizabeth II Sparks Discussion
Politics

Lady Louise Windsor’s Resemblance to Queen Elizabeth II Sparks Discussion

The Mandalorian & Grogu Digital Release Set for July, Not Disney+
Technology

The Mandalorian & Grogu Digital Release Set for July, Not Disney+

You Might Also Like

Nvidia (NVDA), Nebius (NBIS) Companion to Scale Full-Stack AI Cloud with B Funding
Money

Nvidia (NVDA), Nebius (NBIS) Companion to Scale Full-Stack AI Cloud with $2B Funding

Nvidia Company (NASDAQ:NVDA) is among the most buzzing shares to purchase with the very best upside potential. On March 11,…

3 Min Read
Watch as Bullish Inflows Ship Hamilton Shares Larger
Money

Watch as Bullish Inflows Ship Hamilton Shares Larger

HG is a specialty insurance coverage and reinsurance firm working globally, although primarily in Bermuda. The corporate’s third-quarter fiscal 2025…

3 Min Read
Strain mounts on American Airways CEO as service lags rivals
Money

Strain mounts on American Airways CEO as service lags rivals

A snow removing machine is seen working whereas a Boeing 737 American Airways passenger plane is parked at gate on…

11 Min Read
Greenback Weakens on Disappointing US Financial Information
Money

Greenback Weakens on Disappointing US Financial Information

The greenback index (DXY00) on Tuesday fell to a 2.25-month low and completed down -0.21%.  The greenback was underneath strain…

8 Min Read
Madisony

We cover the stories that shape the world, from breaking global headlines to the insights behind them. Our mission is simple: deliver news you can rely on, fast and fact-checked.

Recent News

England World Cup Player Earnings: Match Fees, Bonuses, and Prize Money
England World Cup Player Earnings: Match Fees, Bonuses, and Prize Money
July 15, 2026
Phil Collins Offers Oasis Benefit of Doubt After Past Insults
Phil Collins Offers Oasis Benefit of Doubt After Past Insults
July 15, 2026
Julian Alvarez: Argentina Star’s Rise, Release Clause, and Life Off-Pitch
Julian Alvarez: Argentina Star’s Rise, Release Clause, and Life Off-Pitch
July 15, 2026

Trending News

England World Cup Player Earnings: Match Fees, Bonuses, and Prize Money
Phil Collins Offers Oasis Benefit of Doubt After Past Insults
Julian Alvarez: Argentina Star’s Rise, Release Clause, and Life Off-Pitch
IBM Warns of AI Bubble Amidst Growing Market Concerns
Netflix Stock: Can Earnings Reverse 2026’s 20% Slide?
  • About Us
  • Privacy Policy
  • Terms Of Service
Reading: Eni resumes offshore exploration in Libya’s offshore Block 16/4
Share

2025 © Madisony.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?