No Result
View All Result
Monday, December 8, 2025
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

Akakus Oil Operations complete drilling and commissioning of injection well which contributes to restarting several shut down wells

Zueitina Oil and Gas Co. launches Second Injection Unit – increasing production by 8,000 barrels per day

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

NOC announces force majeure at Zawia port
Business

Akakus Oil Operations complete drilling and commissioning of injection well which contributes to restarting several shut down wells

December 7, 2025
CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Business

Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member

December 7, 2025
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

Libyan Business Council and Islamic Development Bank hold virtual meeting on supporting and financing the private sector

December 7, 2025
CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Business

CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December

December 7, 2025
CBL receives results from meetings with international banks
Business

CBL instructs banks, fuel distribution companies and the bakeries’ union to increase the use of e-payments

December 7, 2025
NOC announces force majeure at Zawia port
Business

Zueitina Oil and Gas Co. launches Second Injection Unit – increasing production by 8,000 barrels per day

December 6, 2025
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

libyaherald-Ads

Top Stories

  • AmCham Libya leading Libyan delegation to 2024 World of Concrete Tradeshow in Las Vegas, 23-25 January

    AmCham Libya organizing Second AmCham Pavilion at Tripoli’s 2026 Libya Energy & Economic Summit (LEES)

    0 shares
    Share 0 Tweet 0
  • Three million illegal immigrants in Libya, 75 % of whom are families, constitute ”settlement” which Libyans reject – illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
  • National Oil Corporation, Eni, BP, and Libyan Investment Authority consortium preparing to drill first deepwater exploratory well in Sirte Basin

    0 shares
    Share 0 Tweet 0
  • Former Tripoli Marriot hotel rebranded, upgraded and reopened as Al-Hayat Tower

    0 shares
    Share 0 Tweet 0
  • “PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’

    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

Akakus Oil Operations complete drilling and commissioning of injection well which contributes to restarting several shut down wells

Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member

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.