Any exploration uptick Libya might have hoped for in 2019 has yet to get off the ground. BP, Eni and NOC all flagged up the possibility of 2019, even early-2019 drilling.
When BP, Eni and NOC struck a deal last October under which Eni would take half of BP’s 85% stake and operatorship of two massive and highly-prospective onshore and one offshore block, the counterparties said the deal would be finalized by year-end, with drilling to kick off in Q1 this year (MEES, 12 October 2018). (CONTINUED - 1027 WORDS)