NOC and Italy’s Eni discuss development of Al-Buri offshore oilfield

News In Brief

NOC and Italy’s Eni discuss development of Al-Buri offshore oilfield

November 04, 2020 - 12:07
Written by: LibyaMohammed

The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah has discussed with the Chief Operating Officer of the Italian Eni Group, Alessandro Puliti, the resumption of the second phase of developing Al-Buri offshore oilfield.

The NOC said in a statement that the meeting reviewed issues related to the project, financially, legally, technically and logistically, as well as the current challenges represented in the lack of funding that the NOC needs.

The NOC and Eni Group confirmed the strategic cooperation between the two sides which extends to nearly fifty years, hoping to extend it for the development of the oil and gas sector in Libya.