Libya prequalifying for seismic deal

16 August 2012

2D and 3D data acquisition planned for Murzuq basin

Turkish Petroleum Overseas Company (TPOC) has invited firms to express interest in the provision of seismic acquisition services in Libya’s Murzuq Basin.

TPOC’s Tripoli Branch office plans to issue a tender for 2D and 3D data acquisition in Area 147/3-4 in the Murzuq Basin, which lies in the southwest of the country.

According to the TPOC, the contractors must be registered to operate in Libya. Prequalification documents must be submitted by 22 August.

No date has been set for the tender.

TPOC signed an exploration and production sharing agreement with state-owned National Oil Corporation (NOC) in late 2005.

In March 2011, the partners announced the discovery of oil from the B1-147/03 well, located 120km southeast of the Sharara field, operated by Spain’s Repsol.

The Murzuq basin in the southwest borders Niger and holds 29 concessions, which include the El-Feel field, one of the most significant discoveries in Libya in recent years, which is operated by Italy’s Eni.

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