The Libyan Investment Authority (LIA) announced today that it has signed a strategic agreement with BP to enhance the partnership.
Browsing: Oil & Gas
Libyan Oil Minister Mohamed Aoun discussed with British Ambassador to Libya Martin Longden how to increase the amount of oil and gas production, develop the fields, and achieve the goal of reaching the production and export of two million barrels per day.
Prime Minister Abdul Hamid Dbeibeh has affirmed need to continue development in Hamada oil field “after addressing any technical or legal observations in accordance with what was agreed upon at the tenth meeting of the Supreme Council for Energy Affairs,” according to a statement by the premier’s media office on Tuesday.
An economic summit held this week in Tripoli, Libya focused attention on the North African country’s vital oil and gas…
Libyan Minister of Oil and Gas, Mohamed Aoun, warned that Libya cannot “deny its need for fossil fuels until 2045″.
Global energy companies including France’s TotalEnergies, Spain’s Repsol, Italy’s Eni and Switzerland’s BGN stated that they are committed to sustainable energy in Libya, highlighting the various ways they are prioritizing low-carbon solutions during the Libya Energy & Economic Summit which took place in Tripoli this week.
The The Petroleum Facilities Guard of Libya have strengthened security in the vicinity of the Mellitah oil and gas complex, the only hub for the export of Libyan gas to Italy through the Greenstream gas pipeline, coinciding with the protests that threaten its closure, reports Italian news agency Nova.
The Libyan National Oil Corporation’s Chairman, Farhat Bengdara, and the Algerian state Sonatrach Company’s General Director, Rachid Hachichi, signed today annexes to extend the Exploration Production Sharing Agreement (EPSA) agreements for Area 95/96 and Area 65, to compensate Sonatrach for the suspension period due to the force majeure situation, according to the Government of National Unity (GNU).
Eni confirms its support for the development of the gas production sector in Libya over the next four years.
Libya’s state National Oil Corporation (NOC) revealed today that Libya’s total exports of crude oil during 2023 exceeded 432 million barrels, or an average of 1.184 million barrels per day.