National Oil Corporation Chairman Masoud Suleiman met with officials from Shell alongside directors from the NOC’s technical departments and the chairman of Arabian Gulf Oil Company to discuss ongoing cooperation in Libya’s oil and gas sector.
Suleiman said the meeting followed up on the memorandum of understanding signed between the NOC and Shell in 2025. The discussions focused on strengthening collaboration in exploration and production activities.
During the meeting, Shell presented findings from a technical study being carried out under the agreement. The study covers several major oil and gas fields and evaluates their production potential and development opportunities.
Suleiman said Shell is completing the study and plans to submit its final report by the end of May. The report is expected to support the NOC’s efforts to raise production levels and improve the use of Libya’s oil and gas reserves.
The two sides also reviewed technical matters linked to exploration and field development programs. They discussed how Shell’s expertise and technology could support the NOC’s plans to deliver new projects and advance the sector’s growth.
source:libyaherald.com
African Energy Council