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Libya Declares Major Oil Discovery Commercial as Production Revival Gains Pace
Libya’s National Oil Corporation, NOC, and Austrian energy firm OMV have declared the Essar oil discovery commercially viable as OPEC’s s…
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Libya’s National Oil Corporation, NOC, and Austrian energy firm OMV have declared the Essar oil discovery commercially viable as OPEC’s second-largest African producer pushes to revive its industry in partnerships with international oil majors. NOC has said that the “Essar” discovery made by OMV Austria is now declared commercially viable, following the dri…
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