Libya

Energy

Libya signs 25-year oil deal with TotalEnergies and ConocoPhillips

​Libya signed a 25-year oil development agreement via Waha Oil with TotalEnergies and ConocoPhillips , Prime Minister Abdulhamid al-Dbeibah said it involves over $20 billion in foreign-financed investment and aimed at lifting capacity by up to 850,000 bpd.

Libya
January 26, 2026
Energy

New Chapter for Libya’s Energy Future as Oil Exploration Returns After Nearly Two Decades

Libya is reopening its oil sector with its first exploration bidding round in 17 years, aiming to boost production and attract renewed foreign investment despite ongoing political challenges.

Libya
June 27, 2025

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