Libya Declares Essar Oil Discovery Commercially Viable as Production Revival Progresses

Libya has declared its Essar oil discovery commercially viable in partnership with OMV. The project is expected to produce up to 5,000 barrels per day and marks a step forward for the country's production revival efforts following years of civil conflict.

By Tsvetana Paraskova Fri, July 17, 2026 at 12:30 PM GMT+3 2 min read · Yahoo Finance ·

Libya Declares Essar Oil Discovery Commercially Viable as Production Revival Progresses

Topics: Libya NOC Oil Discovery OMV Production Revival

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