Libya Secures $20 Bn Oil Investment Deal to Boost Output Capacity

• Sunday, 25th January 2026
• by Fatma Ahmed

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 invest...

Libya’s NOC Resumes Production from Faregh Field

• Sunday, 31st January 2021
• by Fatma Ahmed

The Libyan National Oil Corporation (NOC) announced that it has resumed the production from Faregh field which is operated by Waha oil Company after its shutdown nearly a year ago due to the closure of the oil termina...

Libya Completes Repairing Oil Pipeline

• Wednesday, 3rd January 2018
• by Sarah Samir

Libya completed repairing its oil pipeline, which was damaged due to a suspected attack on December 26th, 2017, Reuters reported. Production is starting gradually after the repairs. The damaged parts in the pipeline h...

Libyan Pipeline Blown Up

• Wednesday, 27th December 2017
• by Editorial Team

A key Libyan pipeline to the port at Es Sider was blown up on Tuesday, Reuters reports. The explosion could slow production by 70,000 to 100,000 barrels per day (b/d), the National Oil Corporation (NOC) said, accordin...

Waha Oil Company Producing 260K b/d

• Wednesday, 22nd November 2017
• by Editorial Team

Waha Oil Company, a subsidiary of the National Oil Corporation (NOC), has increased production by over 100,000 barrels per day (b/d) since this summer, Reuters reports. Despite the production gains, the 260,000 b/d pr...