• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Eni resumes drilling in Libya’s popular BESS-3 block after a five-year break

Simon Osuji by Simon Osuji
October 6, 2025
in Energy
0
Eni resumes drilling in Libya’s popular BESS-3 block after a five-year break
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Italian energy giant Eni has restarted drilling operations in Libya, marking its return to the country after a five-year pause triggered by the COVID-19 pandemic. 

Libya’s National Oil Corporation (NOC) confirmed the re-entry of the exploratory well C1-16/4—also known as BESS-3—at Block 16/4 in the northwest offshore region.

Related posts

Nigeria oil firm Aieto awarded exploration license in Libya’s oil block

Nigeria oil firm Aieto awarded exploration license in Libya’s oil block

February 12, 2026
Ghana to begin phase 1 of $1 billion Pwalugu Dam project after years of delays

Ghana to begin phase 1 of $1 billion Pwalugu Dam project after years of delays

February 12, 2026

The well, located in Contract Area D (formerly MN 41), lies approximately 95 kilometres off the Libyan coast and 15 kilometres from the Bahr Es Salam gas field, at a water depth of 743 metres. 

Drilling operations are now being carried out using Saipem’s Scarabeo-9, a sixth-generation semi-submersible rig of Frigstad D90 design, with plans to reach a final depth of 10,520 feet (around 3,200 metres).

Eni’s initial attempt to drill the well began in March 2020 using Ensco’s 4005 rig, which reached a depth of 1,012 feet before operations were halted due to the pandemic. 

The well was secured and temporarily abandoned, and the rig was decommissioned shortly thereafter.

Partnership with Libya’s NOC

Eni operates in Libya through a 50-50 joint venture with the National Oil Corporation (NOC), known as Mellitah Oil & Gas. 

The company (Mellitah) is Libya’s largest gas producer, supplying 80% of the country’s gas.

About 70% of this gas is used for domestic electricity generation while the rest is exported to Italy via the Greenstream pipeline.

Track Africa’s energy trends as they emerge

Get exclusive insights across renewables, oil & gas, and infrastructure to stay informed and make smarter decisions.

In 2024, Eni’s operated production in Libya reached 403,000 barrels of oil equivalent per day. 

The company is actively involved in strategic projects aimed at boosting gas output and reducing carbon emissions, including:

Specifically, the Italian energy giant is one of the major bidders in Libya’s first oil and gas licensing round in 18 years, alongside other majors like Chevron, TotalEnergies and ExxonMobil. 

The results are expected in November 2025. 

Libya continues to see a return of IOCs

The resumption of activity comes amid a broader revival of international interest in Libya’s energy sector. 

Earlier this year, U.S. oil major ExxonMobil signed a memorandum of understanding with NOC to conduct geological and geophysical studies across four offshore blocks near the northwest coast and the Sirte Basin.

This also marks ExxonMobil’s return after a decade-long absence caused by the 2011 Arab Spring that forced the company and other major oil and gas players to suspend operations in the country.

Libya, home to Africa’s largest proven oil reserves, has seen a gradual recovery in its energy sector, with foreign operators cautiously re-engaging amid improving security and regulatory conditions.

Other players like Repsol, Weatherford, BP and OMV have also returned to the country in recent months. 



Source link

Previous Post

Nokia helps South Africa’s fibertime to connect underserved communities

Next Post

China’s Chery explores plant-sharing deals in South Africa

Next Post
China’s Chery explores plant-sharing deals in South Africa

China's Chery explores plant-sharing deals in South Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

How to Create a Future of Cheap Energy for All

How to Create a Future of Cheap Energy for All

1 year ago
10 Best Target Black Friday Deals (2023): Smart Home, Toys, and Games

10 Best Target Black Friday Deals (2023): Smart Home, Toys, and Games

2 years ago
The Internet Couldn’t Save Vivek Ramaswamy

The Internet Couldn’t Save Vivek Ramaswamy

2 years ago
Nigeria approves new guidelines on shoreline allocation, reclamation – EnviroNews

Nigeria approves new guidelines on shoreline allocation, reclamation – EnviroNews

6 days ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.