Latest news with #LibyanExpress
Libyan Express
2 days ago
- Politics
- Libyan Express
Al-Haddad meets Serbian ambassador to discuss defence ties
BY Libyan Express Aug 08, 2025 - 07:05 Chief of General Staff discusses joint military cooperation with Serbia Lieutenant General Mohammed Al-Haddad, Chief of the General Staff of the Libyan Army, received Serbian Ambassador to Libya, Dragan Todorovic, at his office on Wednesday. According to a statement released by the General Staff, the meeting focused on exploring avenues for joint military cooperation between Libya and Serbia, with particular emphasis on collaboration in the field of military medicine. The visit reflects ongoing efforts to strengthen bilateral defence ties and exchange expertise in specialised military sectors. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
2 days ago
- Business
- Libyan Express
Sirte Oil hits highest production in 20 years
BY Libyan Express Aug 08, 2025 - 07:24 Oil output surges at Sirte as company outlines ambitious growth plan Sirte Oil Company has raised its daily crude oil production to 110,000 barrels — its highest level in more than two decades — as the Libyan energy sector continues to push forward with post-conflict recovery and development. Company Chairman Mustafa Hammad described the 2024–2025 period as a 'year of transformation and achievement,' noting that production rose from 102,000 barrels per day at the beginning of the fiscal year to 110,000 barrels by the end of July 2025. Hammad made the announcement during the company's annual technical meeting for production and reserves, held at its Marsa el Brega headquarters. The meeting brought together engineers, planners, and senior officials to evaluate operational performance and assess progress across key projects. Looking ahead, Hammad said the company is aiming for a production target of 126,000 barrels per day by the end of December 2025 — contingent on the timely approval of budget allocations needed to complete critical drilling, maintenance, and development projects. In his remarks, Hammad emphasized technical advancements made over the past year, including the launch of new production fields, reservoir development across multiple zones, and the successful drilling of horizontal wells using modern technology. He also highlighted infrastructure improvements, such as the installation of electric submersible pumps to boost well output and the securing of energy sources to stabilize field operations. Sirte Oil's performance comes at a critical time for Libya's oil sector, which remains the backbone of the national economy. While the country continues to face political and logistical challenges, companies like Sirte are signaling a return to operational stability and long-term investment planning. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
2 days ago
- Business
- Libyan Express
Acting FM Al-Baour pushes forward Libya–Spain cooperation
BY Libyan Express Aug 07, 2025 - 07:14 Updated: Aug 08, 2025 - 07:17 Foreign minister Al-Baour underscores Libya's openness in meeting with Spanish envoy Libya's Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, met on Wednesday with Spanish Ambassador Javier Lara to discuss deepening bilateral ties between Tripoli and Madrid. The meeting, held at the Ministry's headquarters in the capital, was also attended by Abu Bakr Al-Taweel, Director of the European Affairs Department. Discussions centered on expanding cooperation across key sectors and aligning future initiatives with the shared interests of both countries. Al-Baour praised Spain's continued diplomatic engagement in Libya and acknowledged its support for the UN-led political process. He reaffirmed the Government of National Unity's commitment to building stronger economic and political partnerships with Madrid. Ambassador Lara expressed Spain's readiness to strengthen cooperation and contribute to Libya's efforts toward political stability and development. He reiterated Spain's interest in maintaining close diplomatic coordination as Libya seeks to restore institutional unity and attract international investment. The meeting comes amid ongoing outreach by the Foreign Ministry to strengthen engagement with accredited diplomatic missions and foster broader international cooperation. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
2 days ago
- Business
- Libyan Express
U.S. welcomes ExxonMobil deal to boost gas exploration in Libya
BY Libyan Express Aug 08, 2025 - 06:15 ExxonMobil and Libya's NOC sign offshore gas exploration agreement The U.S. Embassy in Libya has welcomed the signing of a memorandum of understanding (MoU) between American energy giant ExxonMobil and Libya's National Oil Corporation (NOC), aimed at advancing offshore natural gas exploration and production. In a statement, the embassy described the agreement as a development that would benefit both Libyan stakeholders and the American people, noting the long-standing role of the U.S. oil and gas sector in global energy markets. The MoU, signed Monday evening in London, outlines a framework for ExxonMobil to carry out extensive technical studies on four offshore blocks located off Libya's northwestern coast and in the Sirte Basin. These studies will focus on evaluating hydrocarbon potential through advanced geological and geophysical assessments. The agreement comes at a strategic moment for Libya, which is working to revitalise its energy sector and attract foreign investment. As global demand for natural gas continues to rise, tapping into Libya's offshore reserves has become a priority for both economic growth and energy security. The U.S. Embassy expressed satisfaction with what it called 'growing commercial partnerships that advance the prosperity of both the United States and Libya,' framing the deal as part of a broader vision for economic cooperation between the two countries. ExxonMobil had previously shown strong interest in the NOC's recent licensing round, which offered 22 offshore and onshore blocks for investment. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
Libyan Express
3 days ago
- Politics
- Libyan Express
Menfi, Guterres confer on Libya during UN development summit
BY Libyan Express Aug 06, 2025 - 10:56 Menfi participates in high-level UN talks on development and cooperation President of the Libyan Presidential Council, Mohamed Menfi, held a meeting with UN Secretary-General António Guterres on Tuesday to discuss the latest political and security situation in Libya. The discussion focused on ways to push forward the political process, with the aim of achieving stability and holding inclusive national elections, according to a statement from the Presidential Council's media office. The meeting took place on the sidelines of the Third UN Conference on Landlocked Developing Countries, hosted in Avaza, Turkmenistan. Menfi is participating in the conference, which is being held under the UN's auspices following a General Assembly resolution adopted in April, supported by 57 member states. The high-level conference brings together over 1,000 participants, including world leaders, ministers, and development experts. The event aims to explore practical strategies to improve regional cooperation, boost trade and infrastructure connectivity, and ensure fair and sustainable development—issues that are particularly relevant to Libya's long-term recovery and integration into the global economy. The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express. How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@ Please include 'Op-Ed' in the subject line.
