The Chairman of Libya’s state National Oil Corporation (NOC), Masoud Suleiman, revealed today that under the auspices of the NOC, the Unified Operating Agreement for the I/R field within concession areas NC115-NC186 in the Murzuq Basin was signed between the five partners. These are:

1-      Akakus Oil Operations

2-      Total Energies

3-      Repsol

4-      Equinor

5-      OMV

Suleiman said this agreement strengthens the strategic partnership and establishes the foundations of cooperation to develop operations and achieve the highest levels of operational efficiency.

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