No Result
View All Result
Thursday, March 26, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

NOC and Italian company Saipem sign consultancy service contract for oil conservation and services centre

bySami Zaptia
March 11, 2021
Reading Time: 2 mins read
A A

By Sami Zaptia.

(Logo: NOC).

London, 11 March 2021:

Libya’s state National Oil Corporation (NOC) and Italian company Saipem signed a contract Tuesday (9 March) for the establishment of an Oil Maintenance and Services Centre in Benghazi.

The NOC reported that Saipem has extensive experience in technical centres, having its own engineering centres in strategic areas worldwide. In addition, Saipem’s long established presence and commitment to Libya, exemplified by its determination to maintain its headquarters and local staff even in recent years, provides Saipem with a strong knowledge of Libya and its energy infrastructure. In recognition of these qualities, Saipem has been considered by Libya’s NOC as the ideal partner to develop the Benghazi Oil Technical Centre Project, the NOC reported.

Saipem will initially provide the feasibility study, FEED & bid services for the duration of 15 months. In the later stages, Saipem will look after project management services and owner’s engineer services over the remaining 40 months of the contract.

RELATED POSTS

Production at the Sharara field continues despite pipeline fire – production diverted via other pipelines: NOC

Total Energies announces restart of production at the Mabruk Field

NOC Chairman Mustafa Sanalla commented: “To get a significant cost savings, reduced production losses and time savings by performing maintenance work locally through the investing companies, the NOC is adopting the establishment of a specialized technical centre in the city of Benghazi, with a high level of equipment and infrastructure.

The centre will be divided into suitable areas for investment by international companies or specialized manufacturers. By completing the signing of the consulting services contract with the Italian company Saipem, we will have started the implementation work of the project, through which we are looking forward to extending the cooperation bridge with Saipem to implement other projects”.

During the signing ceremony Stefano Cao, CEO of Saipem, commented: “North Africa remains a strategic area of huge potential developments in both industrial and energy sectors. This project consolidates our relationship with NOC and gives us the opportunity to support our client in creating an important centre for the optimal utilization of the national resources”.

Tags: featuredNOC chairman Mustafa SanallaNOC National Oil CorporationSaipem

Related Posts

Libya dinar continues to gain strength against hard currencies in black-market – remaining below LD 5 per dollar over last week: Report and analysis
Business

CBL leaks to local media: New currency arriving – Intention to pump US$ 2.5 in market on 1 April

March 25, 2026
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Ministry of Economy reminds traders of need to abide by its regulations on the supply of goods, products and services to citizens

March 25, 2026
Minister of Industry meets the Committee for Localisation of Oil Materials and Equipment Industry
Business

New Minister of Industry and Minerals Abdel Gader holds Ministry’s first meeting – launches 100-day work plan to support sector

March 25, 2026
Workshop on performance efficiency and quality assurance in the contracting sector
Business

Libyan Chinese Economic Forum to be held in Tripoli in mid-April

March 25, 2026
Major effort by the Ministry of Economy to bring back Chinese companies
Business

China cancels customs duties on Libyan imports starting from this May – banking and financial cooperation will be enhanced

March 25, 2026
NOC announces force majeure at Zawia port
Business

Production at the Sharara field continues despite pipeline fire – production diverted via other pipelines: NOC

March 18, 2026
Next Post
Book review: From Jerusalem to a Kingdom by the Sea. By Adel Dajani

Book review: From Jerusalem to a Kingdom by the Sea. By Adel Dajani

The Tunisian-Libyan Economic Forum in Sfax starts with large participation from both countries

The Tunisian-Libyan Economic Forum in Sfax starts with large participation from both countries

Top Stories

  • Damaged and drifting Russian gas tanker under control – being tugged away to sea by Libyan efforts

    Damaged and drifting Russian gas tanker under control – being tugged away to sea by Libyan efforts

    0 shares
    Share 0 Tweet 0
  • PM Aldabaiba reopens Tripoli Zoo after a 17-year closure: a symbolic turnaround for the Zoo – from a militia military base back to a leading recreation destination

    0 shares
    Share 0 Tweet 0
  • Production at the Sharara field continues despite pipeline fire – production diverted via other pipelines: NOC

    0 shares
    Share 0 Tweet 0
  • LPTIC Chairman tours Tripoli International Airport – emphasises need to accelerate pace of completion of telecoms work

    0 shares
    Share 0 Tweet 0
  • BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

CBL leaks to local media: New currency arriving – Intention to pump US$ 2.5 in market on 1 April

Ministry of Economy reminds traders of need to abide by its regulations on the supply of goods, products and services to citizens

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.