Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit.

Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million BPD in 2025 and 2 million BPD long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit.

Prime Minister Abdulhamid Al-Dbeibeh, Minister of Oil and Gas Dr. Khalifa Abdulsadek, NOC Acting Chairman Massoud M. Suleman, and OPEC Secretary General Haitham Al Ghais headlined the Libya Energy & Economic Summit, emphasizing international collaboration and Libya’s growing energy influence.

Nabors announced during a U.S.-Libya Roundtable at LEES 2025 that it plans to add a third drilling rig to the Waha oil field, with operations due to start in the coming weeks.

Leading energy players will discuss their investment plans and explore strategies for driving growth in Libya’s resource-rich sector on the panel, “Unlocking Libya: The Next Frontier for Exploration and Investment.”

Zahaf & Partners Law Firm will spotlight its legal expertise in the energy sector by sponsoring the panel, “Building Investor Confidence: Strategies to Unlock Libya’s Energy Market Potential.”