Algeria’s state-owned oil corporation Sonatrach has reaffirmed plans to drill two new wells at Libya’s Block 96/2 and intends to drill four appraisal wells in Contract Areas 95/1 and 96/1, demonstrating continued commitment to exploration activities in the North African country.
Sonatrach outlined its plans during a technical meeting held this week with Libya’s National Oil Corporation, reaffirming that it remains committed to its exploration obligations in the country. The update follows the resumption of drilling operations at Block 96/2 in October 2025, marking the first activity at the block in more than a decade.
The continued commitment from Sonatrach reflects ongoing international interest in Libya’s petroleum sector despite the country’s political challenges and demonstrates the Algerian company’s long-term strategy in its neighboring country.
Source: energycapitalpower.com