Latest news with #Boulos
Libya Observer
3 days ago
- Business
- Libya Observer
Boulos reveals upcoming signing of 2 new deals by Libya's NOC and US energy firms
US President Donald Trump's advisor for African affairs, Massad Boulous, has revealed that two new agreements are expected to be signed between Libya's National Oil Corporation (NOC) and American energy companies, in a move 'aimed at boosting energy cooperation between the two countries.' In a video statement published by the US embassy in Libya on its Facebook page Friday, Boulos explained that a Memorandum of Understanding is expected to be signed between the NOC and the American company ExxonMobil. He also pointed to another agreement in the final stages of preparation between the partners of Libya's Waha Oil Company—including the American firm ConocoPhillips—for the development of Waha oil fields, with investments worth millions of dollars. Boulos said the agreement 'will enable exploratory studies in offshore gas zones, enhancing Libya's capabilities in the energy sector.' Boulos visited Tripoli last Wednesday, where he met with Prime Minister Abdulhamid Dbeibeh, who presented a $70 billion economic partnership proposal between the two countries. He also met with Presidential Council Chairman Mohamed Menfi, and later attended the signing ceremony of an agreement between Mellitah Oil and Gas Company and the American firm Hill International at the NOC headquarters in Tripoli. In a statement published by the US embassy in Libya on Facebook, Boulos said: 'I was honored to join the National Oil Corporation and Hill International in Tripoli for the signing of a major $235 million infrastructure agreement. This partnership supports the NOC's efforts to modernize and boost gas production and exports.'
Libya Review
4 days ago
- Business
- Libya Review
ExxonMobil & ConocoPhillips to Sign Energy Deals in Libya
Libya's National Oil Corporation (NOC) is preparing to sign two major agreements with leading US energy companies, ExxonMobil and ConocoPhillips, aimed at boosting the country's oil and gas production. The announcement was made by Masad Boulos, Senior Advisor to the US President for Middle East and Africa Affairs, in a video shared by the US Embassy on Friday. Boulos confirmed that a memorandum of understanding between NOC and ExxonMobil is expected soon. The agreement will focus on offshore gas exploration studies, which he said would enhance Libya's capabilities in the energy sector and attract new investment. In addition, Boulos revealed that a second agreement is being finalised with the Waha Oil Company's partners, including ConocoPhillips, to develop key oilfields. 'This deal involves millions of dollars in investments and is expected to nearly double Waha Oil's production capacity,' he stated. The US official emphasised that these partnerships reflect a shared interest in strengthening energy cooperation. 'Together, we are building stronger ties that will make both America and Libya more prosperous,' he said. Earlier this week, Boulos attended a signing ceremony for a $235 million contract between NOC and US-based Hill International. The agreement supports the development of the A and B structure projects, which are expected to contribute significantly to Libya's oil infrastructure. These upcoming deals underline NOC's strategy to attract international expertise and capital to revitalise Libya's energy industry, which remains the backbone of the national economy. Tags: ConocoPhillipsExxonMobilgaslibyanocoil
The National
5 days ago
- Politics
- The National
Trump adviser meets top officials from Libya's rival governments
US President Donald Trump's senior adviser for Africa met Libyan military leader Khalifa Haftar and other officials in Benghazi, it was announced on Thursday. The meeting between Massad Boulos and Field Marshal Haftar came after the US official met Prime Minister Abdul Hamid Dbeibah, who heads Libya's rival government. 'I was pleased to be received in Benghazi by Field Marshal Khalifa Haftar,' Mr Boulos said on X. 'We discussed US support for Libyan efforts to unify institutions, reinforce sovereignty, and chart a path to stability and prosperity through political dialogue.' Libya has had little stability since a 2011 Nato-backed uprising ousted longtime autocrat Muammar Qaddafi. The country split in 2014 between rival eastern and western factions, though an outbreak of major warfare paused with a truce in 2020. Mr Haftar controls much of the eastern part of Libya. Mr Boulos also met the military leader's son, Lt Gen Saddam Haftar. 'We discussed ways to expand co-operation and reinforce Libyan efforts to unify the military and other key institutions. I reiterated US support for Libyan unity, sovereignty, and stability,' Mr Boulos said.
Kuwait Times
5 days ago
- Politics
- Kuwait Times
Tunisia prez shows Trump adviser pics of hungry Gaza kids
CARTHAGE: Tunisian President Kais Saied shows Massad Boulos, senior adviser to the US president for Africa, pictures of starving children in Gaza during their meeting at the presidential palace on July 22, 2025. — AFP TUNIS: Tunisian President Kais Saied presented US counterpart Donald Trump's senior Africa adviser with photographs of starving children in Gaza, official video of their meeting posted late Tuesday showed. Saied told US envoy Massad Boulos, who is also the father-in-law of Trump's daughter Tiffany, that 'it is time for all of humanity to wake up and put an end to these crimes against the Palestinian people'. 'I believe you know these images well,' Saied was seen telling the envoy as he showed a photograph of what he described as 'a child crying, eating sand in occupied Palestine'. Saied showed Boulos several more images, saying that Palestinians in Gaza were subjected to crimes against humanity. 'It is absolutely unacceptable,' Saied was heard saying as Boulos stood silently, occasionally nodding. 'It is a crime against all of humanity.' Following his visit to Tunisia, Boulos flew on to the Libyan capital Tripoli on Wednesday, Tunisian media reported. — AFP
Libya Observer
5 days ago
- Business
- Libya Observer
US advisor confirms $235m Libya infrastructure deal
A senior advisor to US President Donald Trump has confirmed the signing of a $235 million infrastructure agreement between Libya's Mellitah Oil and Gas Company and American firm Hill International Masad Boulos, the President's advisor for African affairs, described the deal as a significant step to support Libya's energy infrastructure during a ceremony at the National Oil Corporation (NOC) headquarters in Tripoli on Wednesday 'I was honoured to join the NOC and Hill International in Tripoli for the signing of a major $235 million infrastructure agreement,' Boulos said, in remarks published by the US Embassy in Libya He said the partnership is aimed at modernising Libya's energy sector and boosting gas production and exports During his visit, Boulos met with acting NOC chairman Masoud Suleiman, who presented the company's strategy to maintain current oil and gas production levels and increase output to two million barrels per day by 2030 In a statement, the NOC said the meeting also touched on Libya's petrochemical industry and the corporation's role in supporting economic stability Boulos also met with Prime Minister Abdulhamid Dbeibeh, who presented a proposal for an economic partnership between Libya and the United States valued at approximately $70 billion. Tags: Libya US economic ties
