Overview
To unlock our potential, the Libyan National Oil Corporation collaborates with global energy leaders. As the sole state entity overseeing oil and gas activities, we manage joint ventures and production-sharing agreements. The NOC actively guides decisions in these partnerships, with key players like Eni, Total, Repsol, and Wintershall Dea. Together, we emphasize knowledge exchange, training, and societal growth.
Several IOCs are active in Libya as investors and service providers to concessions. As strategic partners of the NOC, they help operate certain oilfields and facilities, explore for oil and gas and have shareholdings in concessions.
Our strategic partners
Eni
Eni, the biggest multinational energy company in Italy, has a history in Libya that dates back to the early 1950s. It has been involved in various exploration and production projects, most recently signing an 845mn ft³/d offshore gas project agreement worth $8 billion. Eni gives back to Libya with initiatives such as the maintenance of the emergency hospital in Gallo city.
Total Energies
Total, the leading French multinational energy company, has had a longstanding partnership with the NOC and has been involved in several oil and gas ventures in Libya. One of Total’s significant projects is the Al Jurf Offshore Gas Project in the Mediterranean Sea. Total recently agreed to build several 5-a-side football pitches at Khalij Al-Sidra.
Wintershall Dea
Wintershall Dea, a German multinational, has been involved in the exploration and production of crude oil in Libya since 1958. The company participates in onshore oil production in the Eastern Sirte Basin and holds a stake in the offshore field Al-Jurf. Wintershall Libya has recently agreed to equip a sewing lab in Gallo Municipality.
Repsol
Repsol, a large Spanish energy company, has also been active in Libya’s oil and gas sector through partnerships with the NOC. Among Repsol’s significant projects in Libya is its participation in the Sharara oil field. Repsol has been supporting Libyan citizens by providing wells and water networks in the southern province.
Honeywell is an American multinational company developing and delivering technology to the oil and gas sector. In 2023, Honeywell and the NOC announced an agreement for Honeywell to build two refining units in southern Libya at an estimated cost of between $500 million and $600 million.