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Home Business

NOC and Total seek to strengthen relations: increase production, introduce renewables and increase CSR programmes

bySami Zaptia
April 23, 2021
Reading Time: 2 mins read
A A

By Sami Zaptia.

(Logo: NOC).

London, 23 April 2021:

Libya’s state National Oil Corporation (NOC) and France’s Total seek to strengthen bilateral relationships and expand the scope of cooperation.

The sentiment was expressed during the meeting at the NOC’s Tripoli headquarters on Tuesday between NOC Chairman, Mustafa Sanalla, and Chief Executive Officer of Total, Patrick Pouyanné and his accompanying delegation.

Underscoring the sentiment, Sanalla said “We thank very much TOTAL for its prompt and effective contribution in combating the Coronavirus crisis at the oil sector and the areas of our operations, and we rely heavily on the huge expertise and capabilities that the French company TOTAL possesses for its being a strong historical partner of the National Oil Corporation which will contribute to achieving several important development projects such as North Gialo and NC 98, which represent the most important potential in the oil sector as production in these two fields will reach about 175 thousand barrels. In addition, TOTAL contributes to maintenance operations for aging surface equipment and the deteriorated crude oil pipelines that need replacement’’.

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The needs of the two companies, Al Waha and Mabrouk, were also discussed at the meeting for the purpose of increasing production rates according to short, medium and long-term plans, as well as introducing renewable energy technology (solar energy) in the systems of the Waha Oil Company.

Social initiatives programs in the company’s operations areas were addressed as well, and Mr. Pouyanné promised to make more contributions, on top of which is the contribution to financing the World Health Organization’s proposal submitted to the National Oil Corporation regarding the provision of medicines and treatment for a segment of children from oncology patients in Libya.

The National Oil Corporation said it seeks to achieve these vital goals with its partner Total, in order to advance the Libyan oil sector, which is the main and only supporter of the Libyan economy.

 

Tags: featuredNOC chairman Mustafa SanallaNOC National Oil CorporationTotal

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