Libya’s state-owned National Oil Corporation (NOC) has announced that the North African arm of Eni, an Italy-based energy company, has restarted exploration work in the north-west offshore area of Libya. This move, particularly focusing on offshore Block 16/4, signals a resumption of exploration activity after more than five years. According to the NOC, this comeback entails re-entering the exploratory well C1-16/4, also referred to as BESS-3. Drilling at that location began on 11 March 2020 and was c ...