Austrian oil and gas firm OMV has struck first new oil in Libya since the revolution in 2011.
Following the discovery in the Murzuq basin, 800 kilometres south of Tripoli, OMV and its partners Repsol and Total will continue with further drilling in the area, OMV announced.
“This discovery in Libya confirms the potential of the country for OMV’s upstream activities,” Jaap Huijskes, OMV’s executive board member in charge of exploration and production, said in a statement.
Libya accounts for around 10% of OMV’s total group production.
Recommended for you
