Libya’s NOC Presents Strategic Vision for Energy Sector at Libya France Forum in Paris

Libya’s National Oil Corporation (NOC) participated in the Libya France Energy Forum in Paris, an event organized by Business France. During the forum, the NOC outlined its strategic vision to increase oil production, develop renewable energy and...

Eni resumes offshore exploration in Libya’s offshore Block 16/4 

Libya’s state-owned National Oil Corporation (NOC) has announced that the North African arm of Eni, an Italy-based energy company, has restarted exploration work in the north-west offshore area of Libya. This move, particularly focusing on...

Eni Restarts Drilling Work Offshore Libya

Italy’s Eni has restarted drilling operations offshore Libya after a five-year break prompted by the Covid pandemic. The National Oil Corporation of Libya said that the Italian supermajor had started drilling at Block 16/4 in the northwestern part...

BIBF and Institute of Banking and Financial Training and Studies in Libya sign strategic agreement

The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has signed a Memorandum of Understanding (MoU) with the Institute of Banking and Financial Training and Studies (IBFTS) in Libya, aimed at...

Libya plans cargo tracking system to streamline imports and support SMEs

Al-Huweij: New cargo notification system will regulate imports and foreign currency useThe Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huweij, stated that the “Advance Cargo Information” system, being implemented...

OGDCL in talks for consortium participation in Libya Bid Round 25

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, is in discussions with other state-owned enterprises and Turkish Petroleum Corporation (TPAO) to form a consortium for joint...

How Libya's Zawiya became a focal point of conflict for militias

A member of the Libyan security forces stands guard during an operation launched by the authorities to combat human trafficking and illegal drug and fuel smuggling in the western Libyan city of al-Zawiya, on 5 January 2025. [Getty] A fragile calm...

OGDCL eyes consortium with Turkish Petroleum for Libya exploration

Published on: October 6, 2025 11:21 PM Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest E&P [exploration and production company], is in discussions with other state-owned enterprises and Turkish Petroleum Corporation (TPAO) to...

European Defence Industry: A Missile Production Powerhouse

Europe’s missile producers are making a splash at this year’s DSEI UK 2025 event for the global defence industry as MBDA just revealed that it is transitioning to the development phase for its new family of missiles designed for the Future...

Blackstone and Abu Dhabi's Lunate team up to build $5bn Gulf logistics platform

Blackstone, the world's biggest alternative asset manager, and Abu Dhabi-based Lunate are teaming up to invest in Gulf logistics assets and create a platform dedicated to the development of the sector across the region. The companies will be...

Pakistan’s OGDCL eyes consortium with Turkish Petroleum for Libya exploration

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest E&P [exploration and production company], is in discussions with other state-owned enterprises and Turkish Petroleum Corporation (TPAO) to form a consortium for joint...

Eni resumes drilling in offshore area northwest of Libya

Eni North Africa, the Italian energy company, has resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years. This comeback includes re-entering the exploratory...

Eni Resumes Drilling Northwest of Libya After Five Year Hiatus

Oct 5, 2025 © Peter Hermes Furian / Adobe Stock The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil...

Italy’s Eni Resumes Offshore Drilling in Libya after Five-Year Hiatus

Sun 05 Oct 2025 | 09:57 PM Libya’s state-owned National Oil Corporation (NOC) announced Sunday that Italian energy giant Eni has resumed exploratory offshore drilling operations in the northwest Mediterranean basin of Libya, marking the end of a...

Bilateral Chamber to hold high-level U.S.-Libya Ministerial Roundtable in Houston on 13 October

The US-based Bilateral Chamber is to hold a high-level ‘‘U.S.-Libya Ministerial Roundtable’’ in Houston, bringing together senior Libyan government leadership and U.S. industry executives. The organisers say this exclusive session provides a rare...

International business briefs: Eni unit resumes drilling off Libya

Bengaluruu — AI chip start-up Cerebras Systems, which competes with industry leader Nvidia in the booming AI chip market, on Friday filed to withdraw its plans for an initial public offering (IPO) in the US, effective immediately. Its withdrawal...

Italy’s Eni resumes drilling in offshore area northwest of Libya after five year hiatus

TRIPOLI: The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday. In 2024, Eni...

Tunisian-Libyan trade corridor to sub-Saharan Africa… operation expected in 2029

An economic report by “African Manager” has described Libya and Tunisia as “gateways to Africa” for their collaboration on establishing a strategic project for the region. It quoted Tunisian expert in growth and internationalization strategies,...

The National Development Agency discusses establishing the largest olive farm in Libya in the city of Sirte

Sirte – The Director General of the National Development Agency, Mahmud Elforjani, discussed on Saturday with the Chairman of the Management Committee of the Great Man-Made River Water Investment Authority in the Central Region, Engineer Shuaib...

Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

The US dollar foreign exchange (FX) rate fell to Libyan Dinar 6.94/dollar in Tripoli’s black-market today, four days after end of the 30 September deadline for the withdrawal from circulation of the older LD 5 and LD 20 notes. This is the lowest...