Insight
Libya launches its first bid round in 17 years
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Libya has launched its first bid round in 17 years. The round consists of 22 areas – 11 onshore and 11 offshore. The round includes 19 discoveries with reserves of 1.63 billion boe. New fiscal terms, details for which have yet to be unveiled, will apply. Pre-qualified companies have until 15 November to submit bids.
Table of contents
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Executive Summary
- What’s on offer?
- Who’s likely to bid?
- New terms are a marked improvement on existing EPSA IV contracts
- How do the new terms compete with other North African regimes?
- What would a successful bid round look like?
Tables and charts
This report includes the following images and tables:
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Blocks on offerLibya's main acreage holdersStrategic fit of Libya's main incumbent foreign investors
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Comparison of state share - oilComparison of state share - gasBlocks on offerAppendix - Fiscal Terms
What's included
This report contains:
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