The Libyan National Oil Corporation (NOC) announced on Thursday that Algeria’s Sonatrach Group has made an oil discovery in the Ghadames Basin.

NOC said in a statement that National Oil Wells Drilling Company mobilised Rig No. 11 to the work site to drill three strategic wells for Sonatrach subsidiary SIPEX

It said well A-65/2 has a production potential of 4,200 barrels per day (bpd).

(Writing by Majda Muhsen; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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