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Chevron makes long-awaited Libya return, Repsol and Eni…

Chevron makes long-awaited Libya return, Repsol and Eni also win blocks

>Libya's National Oil Corp. has awarded oil and gas exploration licenses to Chevron, Eni, Repsol and others, the state oil firm confirmed Feb. 11 while announcing the results of its first post-revolution bid round, marking the US supermajor's return to Libya after a 16-year absence.

>In a statement, the NOC said it had awarded exploration blocks to Repsol, Hungary's MOL, a consortium of Eni and QatarEnergy, Chevron and Nigeria's Aiteo.

>Billed as the "most significant event in Libya's oil sector in 17 years," the license unveiling in Tripoli on Feb. 11 -- overseen by Prime Minister Abdul Hamid al-Dbeiba -- comes at a time of renewed interest in Libya's oil and gas sector, amid an improvement in the political and security situation.
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