
Libyan-Tunisian Joint Oil announces new bid round for Zarat Development and Joint Oil Block Exploration Acreage
Joint Oil, the Libyan-Tunisian company for oil exploration, exploitation, and petroleum services, has released a new schedule for its Zarat Development and Joint Oil Block Exploration Acreage bid round. This offshore area, situated in the Gabes-Tripoli Basin of the central Mediterranean, is highlighted as a significant opportunity for energy collaboration between Tunisia and Libya. The new bid round is set to open on September 7, 2026, and will conclude on December 31, 2026. Companies with established offshore exploration and development capabilities are invited to apply for access to the Virtual Data Room. Bids must be submitted by January 8, 2027, with winning bidders to be notified by February 26, 2027. Formal awards are anticipated by April 30, 2027. The bid round will be showcased at the London Mediterranean, Middle East & Africa Scout Group on September 9, 2026, and at the World Energy Summit in London from September 29-30, 2026, where Joint Oil will also have a presence.



