Repsol Restarts Oil Exploration in Libya After a Decade
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Repsol has resumed oil exploration in Libya's Murzuq Basin after a 10-year hiatus, aiming to boost production and contribute to the region's economic recovery.
January 06, 2025 | 12:15 pm
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Repsol has resumed oil exploration in Libya's Murzuq Basin after a 10-year hiatus, which could lead to increased production and revenue for the company.
Repsol's decision to restart exploration in Libya is significant as it marks the end of a 10-year pause, potentially leading to increased oil production and revenue. This move aligns with efforts to support economic recovery in the region, which could positively impact Repsol's financial performance.
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