Middle East / Africa
Country summary: Libya
| Current deals: | 0 |
| Licensing articles: | 32 |
| Completed deals: | 15 |
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Libya - recent news
| 02 Feb 26 |
Libya: TGS signs Letter of Intent with subsidiary of Libya National Oil Corporation TGS, a global provider of energy data and intelligence, has today announced the signing of a Letter of Intent (LOI) with North Africa Geophysical Company, (NAGECO),a subsidiary of the Libya National Oil Corporation (NOC), marking an important step toward expanding multi-client data activities in Libya. |
| 26 Jan 26 |
Libya: TotalEnergies signs the extension of the Waha Concessions until 2050 TotalEnergies signed an agreement extending the Waha Concessions in Libya up to December 31, 2050. The agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370,000 barrels of oil equivalent per day (boe/d). Therefore, it paves the way for a new phase of investments, including the development of the North Gialo field, which is expected to add 100,000 boe/d of production. |
| 04 Jan 26 |
Libya: NOC achieves highest average crude oil production in a decade Libya's National Oil Corporation (NOC) has disclosed its average daily crude oil production and total (cumulative) production figures for the past 10 years. 2025 has recorded the highest average production rate compared to the past decade, at 1.374 million barrels per day. |
| 04 Nov 25 |
Libya: National Oil Corporation announces a new oil discovery in the Sirte Basin. Libya's National Oil Corporation has announced a new oil discovery by OMV in the Sirte Basin, at well B1 in Block 106/4. THe well produced over 4,200 barrels of oil per day, with gas production expected to exceed 2.6 million cubic feet daily. |
| 04 Nov 25 |
Libya: Chairman of the National Oil Corporation holds meeting with Eni CEO During ADIPEC 2025 As part of the National Oil Corporation’s (NOC) participation in the Abu Dhabi International Oil and Gas Exhibition and Conference (ADIPEC 2025), Eng. Masoud Suleman Musa, Chairman of the Board of Directors of the NOC, met with Mr. Claudio Descalzi, CEO of the Italian energy company Eni. |
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