Libya has launched its first bidding round for oil exploration in more than 17 years, aiming to bolster its position in the global oil market and achieve a production target of two million barrels ...

According to the Chairman of Libya’s National Oil Corporation, Masoud Sulaiman, Libya plans to increase its oil output from 1.4 mb/d currently to 2 mb/d in 2028. However, ramping output to that ...

CAIRO - Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a televised address on Monday ...

TUNIS, March 3. /TASS/. The National Oil Corporation (NOC) of Libya announced its first tender for exploration of oil and gas fields since 2008. "Twenty-two new onshore and offshore areas" will be ...