Latest news with #KhalifaAbdul-Sadiq
Libya Observer
a day ago
- Business
- Libya Observer
Dbeibeh reviews oil sector plans with Acting Minister of Oil
Prime Minister Abdul Hamid Dbeibeh has met with Acting Minister of Oil and Gas, Khalifa Abdul-Sadiq, to discuss strategic priorities in Libya's oil sector. The meeting focused on increasing production and developing energy infrastructure, reviewing progress on the Southern Refinery Project, with updates on its implementation stages. The two officials also followed up on ongoing oil exploration activities in various regions. They reviewed the outcomes of the latest public bidding round by the National Oil Corporation, which attracted major international interest. Discussions included improving working conditions in the oil sector and enhancing the work environment, as well as training and qualification programs aiming to improve national workforce efficiency and ensure sustainable operations at production sites. Tags: Abdul-Hamid Dbeibah Minister of Oil and Gas
Libya Observer
06-05-2025
- Business
- Libya Observer
Oil Minister reviews with Maltese ambassador cooperation in energy sector
Libya's Minister of Oil and Gas in the Government of National Unity, Khalifa Abdul-Sadiq, held talks with Malta's Ambassador to Libya, Charles Saliba, on enhancing bilateral cooperation and expanding partnership opportunities in the fields of oil, gas, and energy. During their meeting on Monday, the two sides discussed developments in the ongoing licensing round for exploration and the opportunities it offers, emphasizing the importance of leveraging the strong ties between Libya and Malta to open new avenues for cooperation and investment in the energy sector, according to a statement by the Ministry of Oil on its Facebook page. Abdul-Sadiq affirmed that Libya is open and ready to attract foreign investments, particularly in light of the National Oil Corporation's efforts to increase production capacity to two million barrels per day, which presents significant investment opportunities. The minister also invited the Maltese embassy to coordinate with private sector companies in both Malta and Libya to organize a Libyan-Maltese economic forum as a practical platform for exchanging expertise and strengthening partnerships that serve the interests of both countries. Tags: Minister of Oil and Gas Malta
Libyan Express
04-05-2025
- Business
- Libyan Express
Libya seeks partnerships for energy sector growth
Libya's Minister for Oil and Gas, Khalifa Abdul-Sadiq, has recently urged major companies to get their applications in and invest safely in Libya's oil sector. In a speech at the Natural Resources Summit over in Istanbul, Abdul-Sadiq called on big oil firms to transfer modern technology to Libya to bump up production rates and replace the oil and gas that's been taken out of the reserves. He also asked them to get cracking on increasing refining capacity with the aim of Libya being self-sufficient in fuels and petroleum products, and to put money into renewable energy to help with electricity generation. This, in turn, would free up more gas to flog off to the global market. During a panel discussion, chaired by the Turkish Minister of Energy and attended by a number of energy and natural resources ministers, the minister discussed investment opportunities in Libya, the goals of his ministry and the National Oil Corporation (NOC) to increase production capacity and expand exploration activity to support reserves, the progress of the public bidding round launched by the NOC at the start of March, and the promotional tours held in Houston and London, the most recent of which was in Istanbul.
Libya Observer
03-05-2025
- Business
- Libya Observer
Oil Minister urges major companies to invest in Libya's oil sector
The Minister of Oil and Gas of the Government of National Unity, Khalifa Abdul-Sadiq, has urged major companies to apply and invest safely in Libya's oil sector. In a speech at the Natural Resources Summit in Istanbul, Abdul-Sadiq called on major oil companies to transfer modern technology to Libya to increase production rates and replace the produced oil and gas from the reserves He also called on them to work on increasing refining capacity with the aim of achieving self-sufficiency in fuels and petroleum products, and to invest in renewable energy to contribute to electricity generation, thus providing greater quantities of gas for export to the global market. During the panel discussion, moderated by the Turkish Minister of Energy and attended by a number of energy and natural resources ministers, the minister discussed investment opportunities in Libya, the goals of the ministry and the National Oil Corporation (NOC) to increase production capacity and expand exploration activity to support reserves, the progress of the public bidding round launched by the NOC in early March, and the promotional tours held in Houston and London, the most recent of which was in Istanbul. Tags: Minister of Oil and Gas
