MOL Group, Repsol, and TPAO Sign Agreement for Offshore Exploration in Libya
Hungarian oil company MOL Group has signed a production-sharing agreement with Spain's Repsol and Turkey’s TPAO to explore offshore hydrocarbon resources in Libya. The consortium will operate the O7 block under an exploration license granted earlier this year, marking progress toward revitalizing Libya's energy sector.
Topics: exploration Libya MOL Group oil and gas Repsol TPAO