AGP Executive Report
Last update: 4 minutes agoOil & Gas: An Eni-NOC joint venture has opened bidding for subsea equipment for the Structures A&E project, which will send gas from offshore block NC 41 to Mellitah for domestic use and export to Italy. Work is expected to begin in 2027, with completion targeted for 2030. Digital Banking: Wahda Bank has tapped Backbase for a platform launching with business services in 2027, followed by digital banking for more than 500,000 retail customers. Energy Investment: At ADIPEC, NOC Chairman Masoud Suleiman met with Repsol, Eni, Baker Hughes, OMV and other firms to discuss production, exploration, investment and technology transfer. Mining: Libya’s National Mining Corporation is seeking partners to explore and develop mineral opportunities in the Jaghbub area, where early sampling requires further study. Ports & Logistics: Misrata Free Zone, the Western Sicily Port System Authority and the Italian-Libyan Chamber of Commerce agreed to develop port services and improve trade links and supply-chain efficiency.
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