Libya’s First Bid Round in 20 Years: Results, Risks and the Road Ahead

What the first licensing round in nearly two decades really means for operators in Africa 

Libya has re-emerged as a major, yet complex, upstream player. Production rose ~20% YoY to 1.374 MMbbl/d in 2025, making Libya Africa’s secondlargest oil producer, and the NOC has announced a fiveyear plan to push gas output to 1 Bcf/d, largely targeting Europe.  

However, investor participation in the latest bid round remained cautious, with only a fraction of blocks attracting bids despite improved stability and fiscal adjustments. Understanding the disconnect between resource potential and operator behavior is critical for anyone interested in Africa’s upstream future. 

This webinar translates signals into actionable insights. 

Our Enverus Global Scout and regional experts will provide a clear, datadriven view of Libya’s upstream landscape, including: 

• Winners, losers and noshows from the latest licensing round 

• How bid terms, security risk and policy direction shaped operator participation 

• Libya’s oil growth trajectory, supported by production recovery and major project advancement 

• Mediumterm outlook shaped by Mellitah “A” & “E”, deepwater exploration (e.g., Matsola 1), and key infrastructure drivers 

• The risk/ reward profile for participating in the next licensing rounds 

Learn more about what you should watch for in 2026 and beyond as Libya positions itself in the regional supply mix