AGP Executive Report
Last update: 9 hours agoOil & Gas Security: Libya’s oil sector is still under pressure as drone strikes and supply disruptions continue to threaten hydrocarbon facilities, even while political talks move toward elections within two years. NOC & Drilling Tech: The National Oil Corporation held a technical workshop with EGYDRILL and Norwegian partners to review modern drilling, workover, completion and operational technologies for Libya’s fields. Oil Services Contracts: AGOCO reassigned drilling, well maintenance and software-related tasks to Baker Hughes after withdrawing work from underperforming providers, aiming to boost efficiency and technical performance. Production & Investment Push: SLB reiterated it will not scale back in Libya and wants to expand investment and infrastructure to support NOC plans to raise production rates. Renewables for Industry: Penta Energy Services signed a 25MW solar PPA to supply part of LISCO’s electricity needs in Misrata under Libya’s renewable energy strategy. Rail Infrastructure: Libyan Railroads and Hitachi Rail STS held talks on resuming Ras Ajdir–Sirte and Al-Heisha–Sabha signalling and civil works, continuing the July roadmap. Agribusiness & Beekeeping: Benghazi’s Bee Development and Improvement Authority met the National Development Agency to expand nectar-rich tree planting and set up bee grazing reserves to support production. Trade & Industry Links: The Libyan Business Council in Benghazi hosted a French Business France delegation to explore partnerships in energy, infrastructure, engineering and sustainable development.
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