Sanallah: We are eager to engage with global oil investment companies to grow Libya’s oil sector

Head of Libya's National Oil Corporation met with the delegation from Norway's Equinor to discuss joint cooperation in developing Libya's oil sector

Both parties expressed a mutual desire to develop Libya’s untapped potential in terms of its oil sector. [Photo: NOC]
Mustafa Sanalla, Chairman of the National Oil Corporation (NOC), confirmed that the NOC will collaborate with major international oil and gas companies to invest in the oil and gas sector in order to develop the oil industry and rehabilitate and advance oil fields damaged during previous wars.

Sanalla stressed the need for capacity building and coordination of technical training programs in order to increase the efficiency of oil industry personnel and propel the country’s development.

For his part, the head of the Norwegian company Equinor delegation, Alessandri Cook, expressed a desire to expand opportunities for investment cooperation and reservoir studies for the development of oil and gas fields, noting that there were promising investment opportunities in the Libyan market.

The Head of Delegation expressed his enthusiasm for further cooperation with the NOC in the oil sector and expressed his company’s technical readiness to train and develop Libyan personnel in this field.

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