The National Oil Corporation (NOC) signed a Memorandum of Understanding (MoU) last Sunday (7 June) with the Project Management Institute (PMI), the world's leading authority on project management certifications, to enhance institutional capabilities.
The MoU aims to establish a framework for cooperation in training, capacity building, and the application of international standards and methodologies in managing programmes and investment portfolios within Libya's energy sector.
The MoU was signed by NOC Chairman, Masoud Suleiman, and PMI Regional Director for the Middle East and North Africa, Hani Al-Shazly.
The initiative includes providing access to internationally recognized educational solutions and professional certifications, as well as developing a joint platform that reflects both parties' identities to support employees and cultivate national talent capable of delivering training locally and establishing best professional practices.
The Chairman of the NOC, Masoud Suleiman, praised this strategic collaboration, which is the first initiative of the Technical and Administrative Development Centre, affiliated with the NOC's General Training Department, since its establishment.
Suleiman emphasized the NOC's unwavering commitment to developing its human resources and equipping them with the necessary knowledge and digital tools to enhance the efficiency of strategic project implementation and achieve operational excellence in the sector.
For his part, the Regional Director of the Institute, Hani Al-Shazly, expressed the PMI's pride in partnering with the NOC to strengthen its institutional capabilities and build a sustainable base of expertise, thereby contributing to improved outcomes for vital projects driving economic development in Libya.