After drilling Libya’s much-anticipated first deepwater properly, Italy’s Eni has declared the outcomes “non-commercial,” it confirmed within the agency’s 1Q 2026 earnings name.
Eni and companion BP started drilling the A1-38/3 properly– often known as the Matsola prospect – on Block 38 in January. The asset is offshore the nation’s Sirte basin oil and fuel heartland (see map & MEES, 23 January). (CONTINUED – 301 WORDS)
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