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Libya: New Oil Discovery Under Partnership with Algeria’s Sonatrach

Libya: New Oil Discovery Under Partnership with Algeria’s Sonatrach

by Dispatch Risk Analysis | Aug 13, 2025 | Algeria, Diplomacy, Economic, Libya

Libya: New Oil Discovery Under Partnership with Algeria’s Sonatrach Summary: On 12 August 2025, Libya’s National Oil Corporation (NOC) announced a commercial oil discovery in the Ghadames Basin with an estimated production capacity of 4,200 barrels per day (bpd). The...
Algeria: ExxonMobil Hydrocarbon Deal Signals Further Economic Opening

Algeria: ExxonMobil Hydrocarbon Deal Signals Further Economic Opening

by Dispatch Risk Analysis | May 24, 2024 | Algeria, Diplomacy, Economic

Algeria: ExxonMobil Hydrocarbon Deal Signals Further Economic Opening Summary: On 23 May 2024, the Algerian national oil firm, Sonatrach, signed a deal with the American oil and gas firm, ExxonMobil that allows for the exploration of natural gas resources in central...

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