Project Profile
Value: $750 Million
Startup Year: 2015
Location: Libya
The acreage awarded in the North Ghadames block alone is the size of Kuwait. Ghadames basin is belived to be part of, and similar geologically, to the Illizi and Berkine basins. The previous drilling program in the 1970s and 1980s was based on early vintage 2D seismic data. BP looks to acquire extensive 3D seismic data using proprietary and the latest technologies.