Libya’s National Oil Corporation Signs Offshore Oil and Gas Deal With Turkish Petroleum Company
Libya’s National Oil Corporation (NOC) has made a new agreement with the Turkish Petroleum Corporation (TPAO) to look for oil and gas in the sea.
NOC and TPAO Sign Agreement
Libya’s National Oil Corporation (NOC) and Turkish Petroleum (TPAO) signed an agreement in Istanbul. NOC Chairman Masoud Suleman and TPAO General Manager Ahmet Turkoglu signed the deal on behalf of their companies.
Under the agreement, TPAO will study four areas in the sea near Libya. This includes doing a 2D seismic survey across 10,000 kilometers. The data from this survey should be ready in nine months.
This deal strengthens energy ties between Libya and Türkiye. It also shows that Libya is interested in exploring more offshore areas to increase its oil and gas production in the future.
Libya and Türkiye Expand Energy Cooperation
Libya is working with Türkiye to deal with rising electricity needs and to use more types of energy. Libya plans to produce 4 gigawatts of renewable energy (like solar and wind) by 2035. This will be about 20% of the country’s total energy supply.
Libya currently depends heavily on oil and gas and often faces power cuts. So, the country is focusing on solar and wind power. However, it needs outside help because it doesn’t have enough technology and equipment.
In January, Libya’s energy adviser Osama El Durrat said the country had signed deals with Turkish companies to bring in solar and wind technology.
Libya has set up a special area for renewable energy projects in eastern Tripoli. Turkish companies are expected to help build and manage these projects. The partnership also includes training in energy operations, human resources, and power grid systems.
Libya is also planning to improve electricity connections with nearby countries and southern Europe. There’s a chance that Libya and Türkiye could be connected through another country.
Libya Plans Offshore Gas Drilling
In April, Mellitah Oil & Gas said it will drill eight new gas wells offshore. This could increase gas production by 160 million cubic feet per day. The drilling will start once the Valid Rig (owned by Borr Drilling) arrives at the site, known as Area A.
Mellitah is a joint company owned by NOC and the Italian company Eni. It already runs the Sabratha platform, which can produce 986 million cubic feet of gas and 31,000 barrels of condensate daily.
Back in January, NOC and Eni signed an $8 billion deal to develop two offshore gas fields. These fields are expected to produce around 850 million cubic feet of gas daily, starting in 2026.
Published: 26th June 2025
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