Libyan government lifts force majeure on oil exploration – invites international oil companies to resume implementing their contracts

The Tripoli-based Libyan government led by Abd Alhamid Aldabaiba announced today the lifting of the state of force majeure on exploration operations for the production of oil and gas.

The government further called on international oil companies that have concluded contracts with the National Oil Corporation (NOC) to resume their work in Libya, stressing its readiness to provide the necessary support and provide them with a safe work environment.

The Aldabaiba government said the lifting of force majeure on oil exploration is based on a request by the NOC and after a realistic assessment of the security situation in the country. It added that the security situation has improved a lot and has allowed for exploration in areas previously not possible.

The government said that it has given instructions to all relevant parties to provide all the necessary cooperation to oil and gas exploration companies.