Libya’s NOC, Eni to spend $8 bil to produce 850 MMcf/d offshore North African country
Libya’s state-owned National Oil Corp. and Eni will sign a production agreement to spend $8 billion to produce about 850 MMcf/d from two offshore gas fields in the Mediterranean Sea, the company’s chairman said Jan. 23. NOC and Eni, who will sign the agreement on Jan. 28, will develop the two fields that were already explored according to a 2008…