Eni to Launch Drilling in Libya’s Ghadames and Sirte Basins

Eni to Launch Drilling in Libya’s Ghadames and Sirte Basins

Italian oil company Eni has announced plans to begin onshore exploratory drilling in Libya’s Ghadames Basin next month, with an offshore drilling campaign in the Sirte Basin slated to start by late 2025.

At the Libyan-Italian roundtable in Rome, Martina Obizzi, President of Eni’s North Africa and Levant region, underscored the significance of exploration in the energy sector.

“Exploration is a key pillar of the energy industry,” Obizzi stated, as reported by Energy Capital & Power. “We have remained committed to Libya from an exploration perspective and are eager to restart these activities as soon as possible,” she added, emphasizing that Libya holds over a billion undiscovered resources.

Eni is partnering with British Petroleum and the Libyan Investment Authority to conduct offshore exploration in Areas A and B of the Ghadames Basin.

The Libyan-Italian roundtable also focused on the involvement of Italian companies in strengthening Libya’s oil and natural gas sector and included discussions in preparation for the third edition of the Libya Energy and Economy Summit, scheduled for next year in Tripoli.

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