After drilling Libya’s much-anticipated first deepwater well, Italy’s Eni has declared the results “non-commercial,” it confirmed in the firm’s 1Q 2026 earnings call.
Eni and partner BP began drilling the A1-38/3 well– known as the Matsola prospect – on Block 38 in January. The asset is offshore the country’s Sirte basin oil and gas heartland (see map & MEES, 23 January). (CONTINUED – 301 WORDS)
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities

