The National Oil Corporation of Libya targets to increase production to 1.2 million barrels per day within the next two weeks.

The establishment of the Unity Government and renewed political stability will not only open up significant opportunities for the petroleum sector, but drive economic diversification through the development of strategic sub-sectors.

Oil-rich Libya, which has long held the largest reserves in Africa, is ushering in a new era of growth, whereby the government is committed to implementing key measures necessary to boost oil production and associated state revenues.

Energy Capital & Power met with H.E. Mohamed Oun on Tuesday to unpack the agenda of the Libya Economic Summit.

The Libya Energy & Economic Summit on 22-23 November gathers regional ministers, Libyan dignitaries and the private sector.

TotalEnergies is one of the leading IOCs operating in Libya.

After a ten-year operation suspension, the Russian oil company has resumed drilling activities at its B-82 well in the Ghadames Basin.

H.E. Prime Minister Dabiba extolled Eni for its contributions to health and social welfare initiatives across the country through the company’s provision of medical supplies and equipment during the pandemic.

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