Insight
Libya launches its first bid round in 17 years
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Libya has launched its first bid round in 17 years. The round consists of 22 areas – 11 onshore and 11 offshore. The round includes 19 discoveries with reserves of 1.63 billion boe. New fiscal terms, details for which have yet to be unveiled, will apply. Pre-qualified companies have until 15 November to submit bids.
Table of contents
-
Executive Summary
- What’s on offer?
- Who’s likely to bid?
- New terms are a marked improvement on existing EPSA IV contracts
- How do the new terms compete with other North African regimes?
- What would a successful bid round look like?
Tables and charts
This report includes the following images and tables:
-
Blocks on offerLibya's main acreage holdersStrategic fit of Libya's main incumbent foreign investors
-
Comparison of state share - oilComparison of state share - gasBlocks on offerAppendix - Fiscal Terms
What's included
This report contains:
Other reports you may be interested in
Insight
Algeria launches its first bid round in a decade
ALNAFT launched a bid round for six blocks in Algeria's central and eastern parts to attract exploration and foreign investment.
$1,350
Asset Report
Baram Junior Cluster SFA
Located in the Baram Delta basin offshore Sarawak, the Baram Junior Cluster consists of six fields and will come onstream in 2027.
$3,720
Asset Report
Mento
Mento is an offshore gas field located on the southeast coast of Trinidad. In 2020, EOG Resources Unlimited (EOG) partnered with bpTT ...
$3,720
