Tag: Libya

Energy, Oil & Gas

Sulzer establishes Libya joint venture with JSIL

Sulzer has signed a joint venture with Jawaby Services & Investments (JSIL), a wholly owned subsidiary of Libya’s National Oil Corporation (NOC), to provide rotating equipment services in Libya....

Energy, Oil & Gas

QatarEnergy wins Libya offshore exploration licence

QatarEnergy has secured an offshore exploration licence in Libya after the country’s first bid round since 2007. The National Oil Corporation awarded Block O1 to a consortium of QatarEnergy (40 per cent stake) and Italy’s Eni (60 per cent stake and operator), marking QatarEnergy’s first upstream entry into Libya. ...

Energy, Oil & Gas

Libya attracts $20bn in investment, boosts 0&G output

Libya’s energy sector is rebounding, drawing global investment and focusing on production growth, gas monetisation, and partnerships. Oil output averaged 1.375 million bpd in 2025, with the government targeting 2 million bpd by 2030, supported by a $20 billion investment programme....

Energy, Oil & Gas

Senior energy sector experts, leaders to attend Libya Energy & Economic Summit

Senior energy market analysts and advisory leaders have confirmed their participation as speakers at the Libya Energy & Economic Summit (LEES) 2026, as Libya accelerates upstream investment, advances its first licensing round in nearly two decades and targets crude oil production of 1.6 million barrels per day (bpd) by the end of 2026....

Energy, Oil & Gas

Libya’s Waha Oil boosts Farigh field output with two new gas wells

Libya’s Waha Oil Company, an affiliate of the state-owned National Oil Corporation, announced that two new gas wells have begun operating at its Farigh field. The company said it brought the two wells online with daily output of 14 million and 12 million cubic feet of gas, respectively....