Eni discovers more than 1tcf of gas near Libya’s Bahr Essalam field
Eni's discovery of over 1 trillion cubic feet of gas in Libyan waters represents a significant success for the company's near-field exploration strategy. By locating these resources close to the existing Bahr Essalam infrastructure, Eni is positioned to fast-track development and bolster export volumes to Europe. This find reinforces Libya's potential as a critical gas hub in the Mediterranean during a period of high demand for non-Russian energy sources.
Offshore Technology · March 17, 2026
TotalEnergies Finalizes Plan for Azeri Absheron Field's Second Phase
TotalEnergies has officially scheduled the second phase of the Absheron gas field expansion for a 2029 launch, signaling a long-term commitment to the Caspian's export potential. This full-field development phase aims to significantly scale up production volumes beyond the current early production levels. The move reinforces Azerbaijan's role as a primary alternative gas supplier for the European market through the end of the decade.
OilPrice · March 16, 2026