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🛒 تسوق الآنLargest Ever NOC Delegation Visits London for Africa Energies Summit and Libya Energy Forum
Largest Ever NOC Delegation Visits London for Africa Energies Summit and Libya Energy Forum
The National Oil Corporation of Libya (NOC) sent its largest-ever delegation to London this week, attending the Africa Energies Summit 2026 and co-hosting the Libya Energy Forum alongside the Libyan British Business Council (LBBC) from May 11 to 14. The visit marks a major milestone in UK-Libya energy relations and signals Libya's renewed push to attract international investment into its oil and gas sector.
Main Facts and Key Details
The delegation was led by NOC Chairman Masoud Suleiman and included senior representatives from across the corporation's key operational departments — spanning production, exploration, reserves development, technical data management, training, major projects, and investment management. Also present were the chairmen of eight NOC operating companies: Nafusah Oil Operations, Zueitina Oil Company, Mellitah Oil and Gas, Harouge Oil Operations, Sirte Oil Company, Akakus Oil Operations, AGOCO, and Waha Oil Company.
The Forum brought together senior representatives from leading international energy companies including BP, Shell, Chevron, Trafigura, SLB, Vitol, Aggreko, and Gulfsands for keynote addresses, panel discussions, and private bilateral meetings with NOC officials. Libya's oil production has reached approximately 1.3 million barrels per day — its highest level in 13 years — with a roadmap targeting 2 million barrels per day within three to five years, supported by interim targets of 1.6 million barrels per day by the end of 2026 and 1.8 million barrels per day in 2027.
Reactions and Context
NOC Chairman Masoud Suleiman stated during the Forum: "Libya is open for business and we improved our terms and conditions as well as our business environment to meet international standards." He also held meetings with Hamish Falconer, the UK Minister for the Middle East, at the Foreign, Commonwealth & Development Office, where they discussed British support for Libya's recent unified budget agreement and investment opportunities for UK businesses.
Peter Millett CMG, Chairman of the LBBC, said: "The LBBC was honoured and delighted to host such a high-level delegation from the NOC to London. We are excited by the clear range of opportunities identified for UK-based companies to support the NOC to deliver on its strategies." Ben Rawlings, Deputy Head of Mission at the British Embassy Tripoli, called the visit "a significant moment in the UK Libya relationship, demonstrating our commitment to working with Libyan institutions to support stability and security in both Libya and the North Africa region."
Challenges and Outlook
The NOC's growth strategy is underpinned by brownfield and enhanced oil recovery programmes, the development of more than 42 marginal fields, and 19 greenfield redevelopment opportunities encompassing 1.63 billion barrels of oil equivalent. An active exploration programme has already yielded recent discoveries by Repsol, OMV, and Sonatrach. The delegation signed two Memoranda of Understanding — one with the LBBC and another with the British Council, supported by the FCDO, to develop comprehensive training programmes for NOC staff and subsidiaries.
The visit underscores Libya's determination to position itself as a competitive destination for global energy investment, even as the country continues to navigate political fragmentation and infrastructure challenges. With production on a clear upward trajectory and new international partnerships taking shape, the NOC's London outreach could prove to be a turning point in Libya's efforts to modernise its energy sector and stabilise its economy.
