Interview
Abu Dhabi - January 11, 2021
Nabil Al Alawi, CEO of AlMansoori Specialized Engineering, talks to The Energy Year about the importance of creating an environment for innovative solutions such as the…
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Back toour markets
Libya Overview
in figures
Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Libya: North Africa's Oil Heavyweight
NEWS
Libya - February 28, 2024
Libya is targeting an increase in oil production of 50% to 2 million bopd within five years and is planning a bid round.
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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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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 developed locally and its success in…
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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 the UAE, the company’s strategy for…
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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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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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NEWS
Multinational - November 16, 2020
Oil was up on Monday morning in Asia, as investors anticipate <a href='https://theenergyyear.com/companies-institutions/opec/’>OPEC+ keeping the current…
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NEWS
Multinational - November 02, 2020
Oil was down on Monday morning in Asia, with rapid falls of over 4% as markets opened. European Covid-19 lockdowns took center stage over the weekend, and concerns over…
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Multinational - October 29, 2020
Oil was mixed on Thursday morning in Asia after a big 5% slide overnight that pulled both Brent and WTI futures below the $40 benchmark. Prices received a boost from…
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Interview
Iraq - August 12, 2020
Oğuz Kirkgӧz, executive vice-president of ENKA, talks to The Energy Year about how the company’s projects in Iraq have been affected by the Covid-19 pandemic and…
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NEWS
Multinational - February 24, 2020
Oil prices slid on Monday in Asia amid signs that the global coronavirus outbreak has worsened.
US Crude Oil WTI Futures fell 2.4% to $52.11 by 12:13 AM ET (04:13…
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NEWS
Multinational - February 20, 2020
Oil prices gained on Thursday in Asia even after the American Petroleum Institute (API) reported a bigger-than-expected build in crude inventories.
US Crude Oil WTI…
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NEWS
Multinational - January 22, 2020
Oil prices dropped on Wednesday in Asia as the International Energy Agency forecasted that there will be market surplus.
US Crude Oil WTI Futures fell 0.5% to…
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NEWS
Multinational - January 21, 2020
Oil prices retreated on Tuesday in Asia after trading higher over the weekend as production were hit in Iraq and Libya.
US Crude Oil WTI Futures lost 0.3% to…
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Interview
Egypt - July 09, 2019
Amgad Al Ahmady, chairman and CEO of Egyptian Projects Operation & Maintenance (EPROM), talks to TOGY about how the company’s services improve plant performance and…
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