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Libya Overview

Libya

in figures

Oil Reserves48.4 billion barrels

Gas Reserves1.4 tcm

Libya: North Africa's Oil Heavyweight

Libya calls force majeure at its Sharara oilfield project
NEWS
Libya - January 08, 2024

Libya’s National Oil Corporation has declared force majeure at its Sharara oilfield project due to protests, Reuters reported…

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A Saudi oil and gas technology leader TEY_post_Completion-Energy-–-Abdulmuin-ALYOUSEF
Interview
Saudi Arabia - December 15, 2023

Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies…

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TEY_post_Atif-Arikat
Interview
UAE - December 12, 2023

Atif Arikat, managing director of Al Ghaith Energy, talks to The Energy Year about how energy market dynamics are evolving in…

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A big opportunity in manufacturing TEY_post_Bassam-BAMAGOUS
Interview
Saudi Arabia - October 26, 2023

Bassam Bamagous, chairman of the board of Advanced Precision Industrial Services (APS), talks to The Energy Year about the company’s transition from a machining shop…

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Saipem awarded EPCIC works worth $1 bln in Libya
NEWS
Libya - August 10, 2023

Saipem has signed a EPCIC contract with Eni worth around USD 1 billion to revamp platforms and facilities on the offshore Bouri gasfield in Libya, the Italian…

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Eni lifts force majeure on exploration assets in Libya
NEWS
Libya - August 04, 2023

Eni has revoked force majeure status on onshore and offshore exploration blocks in Libya after nine years, the Italian energy giant announced on Thursday.

The…

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Energy, Ukraine and the Turkish question Mehmet Ogutcu
Interview
Multinational - May 06, 2022

Mehmet Öğütçü, CEO of Global Resources Partners and chairman of the London Energy Club, talks to The Energy Year about changes in the global energy picture brought…

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Total CEO killed in air crash
NEWS
Russia - October 22, 2014

Total CEO and chairman Christophe De Margerie was killed in an air crash in Moscow on Monday, when his jet collided with a snow plough, three aircrew also died, Russian…

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Oil tanks burn as battle rages
NEWS
Libya - July 30, 2014

An oil terminal in Tripoli continued to burn on Wednesday after it was hit by a rocket on Monday in increasing violence in Libya involving planes and artillery and that…

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