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Home Business

NOC seeks new partnerships between its subsidiaries and their international counterparts to meet growing oil and gas global demand

bySami Zaptia
April 18, 2025
Reading Time: 1 min read
A A
NOC announces force majeure at Zawia port

(Logo: NOC).

During a speech yesterday at the launch ceremony of the Fourth Phase of the Public Tender Round in Istanbul, part of an ongoing roadshow to muster international investment interest following the London event earlier in April, the Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman Mousa, revealed the NOC’s desire to build new partnership relations between its subsidiaries and their counterparts in the world, achieving great mutual interests for both parties.‎

‎Massoud Suleiman confirmed the availability of investment opportunities in the Libyan oil sector for energy companies from different countries of the world without exception, pointing out that the terms of the contract have been carefully developed to ensure the provision of a suitable climate for investment and benefit for both parties.

He called on international ‎‎companies to invest in the field of exploration and drilling in the plots offered for tender, and to work together to cover the growing global demand for oil and gas.‎

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