NOC Chairman urges SLB to open branches of its mega factories in Libya
Suleiman, accompanied by Chairman of the Arabian Gulf Oil Company, Mohamed Ben Shatwan, held an extensive meeting on Tuesday morning in London with José Lamaza, Executive Director of SLB, and Gökhan Yaram, Head of Integrated Services at SLB.
According to a statement on the NOC's official Facebook page, the meeting discussed SLB's capacity to expand its services in Libya and intensify efforts to mobilize the resources needed for the sector's anticipated growth. Discussions also focused on sustainable development and community projects, as well as the potential for localizing supporting industries in Libya.
During the meeting, Suleiman formally invited SLB to establish local branches of its manufacturing plants in Libya, highlighting the added value such a move would bring to the country. These include boosting the private sector, generating employment opportunities for Libyan youth, reducing import costs, saving time and resources, and meeting domestic demand.
Suleiman reaffirmed the NOC's commitment to developing the sector and enhancing the skills of Libyan engineers and technicians, expressing confidence in SLB's ability to provide support and expertise. He noted that the aim is to produce a highly qualified Libyan workforce that can compete globally and elevate the Libyan oil sector to a leading position in the global energy market.
He also expressed hope that SLB would expand its production operations in Libya in line with the NOC's strategy to increase crude oil output. This includes conducting optimal studies on how to utilize gas currently being flared at fields, finding solutions for sour gases, and helping the NOC achieve zero flaring to protect the environment. He further stressed the importance of strengthening the presence of Libyan professionals within the company.
The NOC added that the meeting is part of its ongoing efforts to enhance the efficiency of oil services and ensure the availability of resources for the upcoming exploration round, expected to be announced by the end of 2025.
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