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Libyan oil companies, 22, that production has resumed at the Sinawen oil field in the Nalut region after more than three and a half years offline. The state-owned company said the shutdown was due to financial difficulties and technical issues affecting crude . 4 days ago · Libya’s Oil Licensing Round Fails to Deliver Promised Comeback Natalia Katona Libya’s 2025 licensing round offered 22 onshore and offshore blocks, attracted 44 applicants, with 37 companies pre-qualified – yet only 5 blocks were ultimately awarded in February 2026. 4 days ago · Libya’s 2025 oil licensing round marks its first bid cycle in nearly 20 years, attracting majors like Chevron, Eni, and QatarEnergy. 5 days ago · Libya’s state-owned National Oil Corporation (NOC) announced the resumption of operations at the Sinawen oil field on February 22nd, according to Libya Herald on February 23rd. The latest news from oil and gas companies and analysis of oil prices and production, including fracking, drilling and refining. Empowering progress globally. Feb 11, 2026 · Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron , Eni , QatarEnergy and Repsol , in its first licensing round in nearly two decades as it National Oil Corporation The National Oil Corporation (NOC) is the national oil company of Libya. The announcement was made on February 11, 2026, by the National Oil Corporation (NOC) at the conclusion of Libya’s first competitive licensing round since the mid-2000s. The company said its Drilling and Well Maintenance Department completed work on well M23 H using the ADWOC 19 rig, noting that the well’s initial 3 days ago · Extensive coverage of the global oil and gas industry. Listings are verified with accurate business information. 3 days ago · Libya has awarded new oil exploration and production licences to foreign energy companies, marking the first time in 17 years that international firms have been invited back into the country’s upstream oil sector. The country has one of the largest oil reserves in Africa and is a member of the Organization of the Petroleum Exporting Countries (OPEC). The move The Libyan Oil Industry (1980) gives a narrative and analysis of the economic consequences of the discovery and production of oil in Libya, from the searches for oil by the major oil companies to the establishment of Libya as one of the main exporters in the world. Search results of Top 219 Oil & Gas Companies in Libya, near me. It dominates Libya’s oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country’s oil output. As part of its ongoing efforts to increase production and expand operations, the Arabian Gulf Oil Company (AGOCO), another Libyan oil company, has resumed production at the Sinawen oil field in the Nalut region after 3 days ago · Libya’s National Oil Corporation (NOC) said on Sunday, Feb. Jun 28, 1997 · LIBYAN Oil Minister Abdalla Salem El-Badri, Opec's current president, is a survivor in a regime often seen by the West as unpredictable and temperamental. Of NOC’s subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil & Energy companies in Libya are primarily focused on the exploration, production, and export of crude oil and natural gas. 20 hours ago · Akakus Oil Operations Company announced the successful drilling of a new horizontal oil well as part of its approved drilling and well-maintenance plans, carried out in accordance with the sector’s highest technical and operational standards. 3 days ago · NOC Libya oversees multiple companies and subsidiaries, driving oil and gas exploration, renewable energy, and sustainable initiatives. While limited block awards challenge output targets, the round signals cautious investor confidence and a strategic reset for the National Oil Corporation.


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