AGP Executive Report
Last update: 8 hours agoOil & Gas Deal: Libya’s National Oil Corporation signed a unified operating agreement for the I/R oil field in the Murzuq Basin, bringing NOC partners (Akakus, TotalEnergies, Repsol, Equinor, OMV) under one set of operating and administrative procedures to improve efficiency and sustain production. Energy Capacity Building: NOC also signed an MoU with the Project Management Institute to train staff and adopt international project standards across Libya’s energy sector. Field Development & Training: NOC met Schlumberger to discuss developing marginal oilfields, transferring modern technologies, and expanding training for Libyan professionals. Maritime & Trade Pressure: With shipping risks rising around the Strait of Hormuz and Mediterranean incidents involving LNG and tankers, Libya is preparing cargo and bunker removal for the Arctic Metagaz case, underscoring how regional disruptions can quickly spill into logistics and industry. Local Skills & Crafts: In Tripoli, the House of Arts and Traditional Crafts graduated the first class of leather industry trainees, including participants with disabilities, as part of efforts to preserve traditional production and create jobs.
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