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Libya Overview

Libya

in figures

Oil Reserves48.4 billion barrels

Gas Reserves1.4 tcm

Libya: North Africa's Oil Heavyweight

Locals link Libya to global markets - AFR26 - Ibraheim MEJERISSI - Wazen Oil Services
Interview
Libya - June 16, 2026

Ibraheim Mejerissi of Wazen Oil Services talks about Libya’s opportunity to increase gas exports to Europe.

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Libya signs upstream deals with international firms
NEWS
Libya - June 16, 2026

Libya has signed production-sharing agreements with international energy companies to boost upstream exploration and lift output.

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Libya reports three new oil and gas discoveries
NEWS
Libya - April 09, 2026

Libya’s NOC has announced three new oil and gas discoveries with Eni, Repsol and Sonatrach across onshore and offshore basins.

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Eni finds more than 1 tcf of gas off Libya
NEWS
Libya - March 16, 2026

Eni has announced gas discoveries in Libya totalling more than 1 tcf, boosting supply for the domestic market.

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TotalEnergies restarts production at Mabruk oilfield in Libya
NEWS
Libya - March 12, 2026

TotalEnergies has restarted production at the Mabruk oilfield in Libya.

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Libya’s Mabrouk oilfield restarts, ups production
NEWS
Libya - March 02, 2026

Libya has commissioned a new early production facility at the Mabrouk oilfield and lifted output to 25,000 bopd.

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Eni, QatarEnergy win Libya offshore exploration licence
NEWS
Libya - February 11, 2026

Eni has secured a new offshore exploration licence in Libya in partnership with QatarEnergy.

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Interview
Kuwait - April 13, 2017

TOGY talks to Abdul Aziz Al Rashed, chairman of Kuwait Drilling Company (KDC), about the company’s activities in Kuwait and its work with KOC, plans for expansion in…

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Aramco courts majors for gas ventures
NEWS
Saudi Arabia - April 11, 2017

Saudi Aramco is looking to international oil majors to help tap Saudi Arabia’s gas resources, people familiar with talks to that end said on Tuesday.

Aramco has…

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Interview
USA - April 05, 2017

TOGY talks to Paul Horsnell, head of commodities research at Standard Chartered Bank, about OPEC, oil prices and the USA’s energy policy. The bank provides advisory,…

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Libya turmoil hampers output
NEWS
Libya - March 28, 2017

Clashes between rival groups in Libya is beginning to affect oil production, with sources on Tuesday reporting on a 20% drop in output.

Speaking on the condition of…

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Clashes push down Libyan oil output
NEWS
Libya - March 13, 2017

Ongoing clashes between rival factions in Libya, now in their second week, have begun to impact upon oil production, media reported on Monday.

Sources familiar with…

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OPEC sees strong demand, confirms cuts
NEWS
Multinational - February 13, 2017

An OPEC report released Monday predicts robust growth in oil demand over 2017.

“World oil demand in 2016 continued its healthy performance for the second year,…

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OPEC achieves 1 million bopd cut
NEWS
Multinational - February 13, 2017

OPEC members’ oil production went down 1 million bopd to 32.1 million bopd in January, with a remarkable 90% compliance rate. According to a deal reached in November…

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Interview
Nigeria - February 01, 2017

TOGY talks to Samuel Dossou-Aworet, chairman and founder of Petrolin, about the company’s Backbone project, attracting financing and investors, and the foundation of…

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