AFRICAN ENERGY

Libya reopens oil, gas fields to foreign investors after 17 years

While the move supports Libya’s broader economic recovery, ongoing political divisions and security risks continue to weigh on investor confidence

Noushad Thekkayil/NurPhoto via Getty Images

Khalifa Rajab Abdul-Sadiq, Libya's Oil and Gas Minister

Libya is opening its oil and gas fields to foreign investors for the first time in more than 17 years, launching a licensing round that includes 22 onshore and offshore blocks.

Major international energy companies, including BP,...