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)

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