No Result
View All Result
Tuesday, March 17, 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

Tripoli PM ‎Aldabaiba follows up on the return of American companies to the oil sector

American companies, led by ConocoPhillips, intend to participate in Libya’s oil projects

bySami Zaptia
May 24, 2024
Reading Time: 2 mins read
A A
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

(GNU).

American oil companies, led by ConocoPhillips, intend to participate in Libya’s future oil projects.

‎The news was reported by the Tripoli Libyan government after Tripoli based Libyan Prime Minister, ‎Abd Alhamid Aldabaiba, followed up, Wednesday (22 May), on the results of the visit of the Acting Minister of Oil and Gas, Khalifa Abdel Sadig, to the United States.

Abdel Sadig had held meetings during his U.S. visit with major U.S. oil and gas companies.

Increasing oil and gas production to 2 million barrels/pd
Aldabaiba also followed up on the ministry’s plan for the return of major American companies operating in the oil and gas sector and increasing their activity within ‎Libya in order to contribute to the National Oil Corporation’s (NOC) plan to raise oil and gas production to 2 million barrels.‎

‎ConocoPhillips to visit Tripoli
Abdel Sadig stressed that American companies, led by ConocoPhillips, intend to participate in the projects and explorations that the NOC intends to offer, and the company’s desire to visit and meet with the Prime Minister to present its vision on expanding its activity inside Libya.‎

RELATED POSTS

HSC‘s National Accord Bloc calls on relevant authorities to act against the ”corrupt and illegal” Arkenu Oil Company

At the first 2026 Cabinet meeting: Aldabaiba calls for unified state institutions, freezes development spending and calls for elections

Abdel Sadig not Aoun still Oil and Gas Minister?
The follow up meeting by Aldabaiba with Abdel Sadig is also revealing in that it still confirms Aldabaiba still considers Abdel Sadig as the Acting Oil and Gas Minister – and not the suspended Mohamed Aoun.

See here for comment.

 

 

Presidency Council head Menfi strikes down NC7 Hamada oilfield deal with foreign consortium as burden on the state (libyaherald.com)

Oil Minister Aoun suspended by ACA – continues work claiming he has received no such notification (libyaherald.com)

Aldabaiba forms technical committee to examine controversial NC7 Hamada oil deal – must report by 30 January (libyaherald.com)

Controversial NC7 Hamada field development must go ahead: Aldabaiba (libyaherald.com)

Goal to raise production to 2 million barrels per day is linked to developing partnerships with foreign companies: NOC chairman Bendgara (libyaherald.com)

Attorney General holds press conference to present an overview of cases in 2023 (libyaherald.com)

NOC declares force majeure on Sharara oilfield due to closure by local protesters (libyaherald.com)

Legal case against NOC chairman Bengdara moving forward – court to issue urgent ruling on 22 January (libyaherald.com)

30 to 40 percent of Libya’s area is still unexplored for hydrocarbons: Oil Minister Aoun (libyaherald.com)

Libya Energy Summit is great support to enhance stability and investment environment: Aldabaiba (libyaherald.com)

 

 

Tags: Abd Alhamid aldabaiba pm GNU Government of National UnityActing Oil Minister Khalifa Abdel Sadig April 2024America AmericanConocoPhillipsUS U.S. United States USA

Related Posts

Libya discusses new electricity and oil projects with Italy’s ENI
Business

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

March 16, 2026
Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Business

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

March 16, 2026
The Libyan African Investment Portfolio (LAP) participates in Brussels forum on Africa.
Business

Libya Africa Portfolio receives Nigerien Ambassador to enhance coordination on the Transit Corridors Project

March 16, 2026
The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April
Business

The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April

March 16, 2026
Libya’s BCD severs investment ties with Qatari bank
Business

Bank of Commerce and Development: First bank to launch e-Wallet for expat residents and workers

March 16, 2026
Namaa Tamweel’s Home Projects Islamic micro loans booming
Business

ATIB bank signs MoU with Majaal and Xtreme companies to finance and empower micro-entrepreneurs and enhance their growth and sustainability

March 15, 2026
Next Post
Libya to increase oil production to 1.5 million by year end, needs LD 7 billion budget – delayed 2021 budget will hinder development

Comment: Aldabaiba meeting Acting Oil and Gas Minister Abdel Sadig. Is Aoun still suspended?

Attorney General orders arrests at Jumhouria bank branch for embezzlement

Education Department head and officers detained for LD 675,000 contract bribe

Top Stories

  • Libya discusses new electricity and oil projects with Italy’s ENI

    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
  • Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

    0 shares
    Share 0 Tweet 0
  • Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

    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

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

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

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.