Making sense of recent developments in Libya's energy sector
This article looks at the major developments such as relevant conferences, new policy initiatives, or field rehabilitations that took place over the last two weeks in Libya.
From 22-24 April, Tripoli hosted the Technology of Oil and Gas and Sustainable Energy International Conference and Exhibition (TOGSE). The conference revolved around the need for restructuring the NOC’s Oil Research Centre (ORC) to boost its capabilities and focus on scientific research in favour of the corporation and its subsidiaries. According to National Oil Corporation (NOC) Farhat Bengdara, the ORC is expected to play an effective role in preparing reservoir studies, which have so far been done by foreign companies.
Read next
Who will win the struggle for leadership at Libya’s Ministry of Oil & Gas?
Earlier this month, Mohamed Aoun was said to be reinstated as Minister of Oil & Gas. However, he has been unable to assume his duties as the acting O&G Minister Khalifa Abdulsadek continues to occupy his seat.
Libyan NOC backs Eni on NC7 gas field development despite regulatory and political challenges
Despite facing strong opposition from various Libyan entities, the National Oil Corporation (NOC) is pushing ahead with its decision to develop the NC7 gas field through an international consortium led by Italy’s energy giant ENI.
After years of hiatus, the Libya Energy Week returns in its 5th edition
This year’s conference coincides with reports of a highly anticipated new licensing round for onshore and offshore concessions –which would be the country’s first since 2005– and the NOC's ambitious plan to reach 2 million barrels of oil per day (bpd) by 2030.
Return of Libya's Oil Minister highlights oil sector governance challenges
The reinstatement of Libya's Minister of Oil and Gas raises questions about transparency and governance within the country's hydrocarbons sector, especially as Libya prepares for its first major licensing round in over 25 years.