RE:Sale of UK Exploration & Production Business T. SUGreat. Now how about those assets in Libya?
>>>As of the end of 2015, production in Libya remains substantially shut-in given the political unrest. The timing of a return to normal operations remains uncertain. The Exploration & Production business at Suncor has significant onshore acreage holdings in Libya, held via Exploration and Production Sharing Agreements (EPSAs).
https://www.suncor.com/en-ca/what-we-do/exploration-and-production/libya
>>>The exploration department of the National Oil Corporation (NOC) held a technical meeting on Thursday with Canada’s Suncor Energy. A statement by NOC indicated that the meeting was an opportunity to discuss the exploration activities of Canadian company, which it carried out during the years 2022 to 2021, and the programme which it hopes to implement in 2023. The meeting also discussed the company’s ability to resume exploratory activity in the upcoming period. Following the meeting, a workshop was organised to discuss Suncor’s exploration activity, and to bring the wells into production as soon as possible, which will help increase production.
https://www.libyanexpress.com/suncor-energy-discusses-the-return-to-exploration-in-libya/