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Eni Lifts Force Majeure in Libya

Eni and its Libyan partner NOC have revoked the force majeure on three exploration areas in the country.

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Libya: Eni revokes force majeure status on three exploration assets in Libya

Libya: Eni revokes force majeure status on three exploration assets in Libya
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Eni revokes force majeure on three exploration assets in Libya

The force majeure status was declared in 2014 due to security concerns in the exploration areas. [Image: Eni]

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- Eni revokes force majeure status on

- Eni revokes force majeure status on
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Eni revokes force majeure status on three exploration assets in Libya

Eni formalised with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%. Force Majeure, declared in 2014, was revoked following the completion by Eni of a Security Risk Assessment to assess the security conditions in the areas where the exploration programme will be carried out; this study yielded positive.

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