Royal Dutch Shell announced that it is in the process of planning a return to Libya with the aim of making and developing undeveloped explorations.
The plan developed by Shell includes the realization of a new oil and gas infrastructure, including exploration in the Sirte and Ghadames onshore basins, the Oil Crescent region and the development of existing oil fields, in addition to the development of a solar energy project south of the Sirte Basin.
The company’s plan also included the redevelopment of old fields such as the NC-174 block in the Murzuq Basin, in addition to its attempt to invest in the oil and gas sector in Libya, after its tendency to reduce investment in fossil fuels and reduce greenhouse gas emissions.
Royal Dutch Shell is a multinational oil company of British and Dutch origin, and is considered the second largest private energy company in the world. It is headquartered in The Hague, Netherlands, and has a central office in London, United Kingdom, while the United States owns 40% of its capital. .