Libya’s Oil Output Nears 1.5 mmbbl/d, Highest Since 2013
Libya’s oil production is approaching the 1.5 million barrels per day (mmbbl/d) milestone, according to the National Oil Corporation (NOC), Libya’s state-owned oil company.
Libya | Egypt Oil & Gas
Libya’s NOC Ends Trasta Partnership, Restores Full Control of Ras Lanuf Complex
Libya’s National Oil Corporation (NOC) has signed a final agreement with Trasta Company, officially ending their long-running partnership in the Libyan Emirates Oil Refining Company (LERCO) after more than a decad ...
Eni Expands Libya Portfolio with Two New Offshore Gas Finds
Eni has announced two new natural gas discoveries offshore Libya following a recent exploration campaign, reinforcing its position as a leading international operator in the country. The discoveries were made in t ...
Sinoun Oil Field Resumes Output After Extended Shutdown
The Arabian Gulf Oil Company (AGOCO) has restarted operations at the Sinoun oil field in the Nalut area, as part of the broader strategy of the National Oil Corporation (NOC) to raise production and improve operat ...
Eni, QatarEnergy Secure Offshore Block O1 in Libya’s 2025 Licensing Round
Through a consortium, Eni and QatarEnergy have won the offshore exploration License O1 as part of Libya’s National Oil Corporation (NOC) 2025 competitive bid round, further consolidating the their upstream footpri ...
Libya Secures $20 Bn Oil Investment Deal to Boost Output Capacity
Libyan Prime Minister Abdulhamid al-Dbeibeh has announced a landmark 25-year oil development agreement with France’s TotalEnergies and US-based ConocoPhillips, committing more than $20 billion in foreign-funded in ...
Egypt, Libya Sign MoU on Oil, Gas and Mining Cooperation
Egypt and Libya have signed a memorandum of understanding (MoU) to deepen cooperation in the oil, gas, and mining sectors on the sidelines of the Libya Energy and Economic Summit in Tripoli, according to the Minis ...
Eni Resumes Drilling in Offshore Libyan Block After Five-Year Hiatus
Eni North Africa has resumed offshore exploration operations in Block 16/4, northwest of Libya, after more than five years of suspension. Eni North Africa is a regional subsidiary of the Italian energy giant Eni, ...
bp to Redevelop Mature Fields in Libya
bp, the British oil giant, signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s S ...
Libya Announces First Public Bid Round for Oil Exploration in 17 Years
Libya plans to launch a Public Bid Round for exploration after a 17-year hiatus, said Masoud Suleman, acting Chairman of the National Oil Corporation (NOC). Libya’s Prime Minister confirmed that this round represe ...
