Summary:

On 20 May 2026, Libya’s National Oil Corporation (NOC) held discussions with Italian energy company Eni on expanding cooperation in major gas projects and accelerating ongoing energy developments in Libya.  

The talks, led by NOC Chairman Masoud Suleiman and Eni North Africa management, focused on increasing production from existing fields and advancing key offshore infrastructure projects. 

The discussions included the Bouri Gas Utilization Project, aimed at reducing gas flaring by capturing and processing associated gas from offshore production, as well as developments linked to the “A&E” offshore facilities.  

The two sides also reviewed broader investment plans estimated to exceed $10 billion, covering production expansion, gas recovery initiatives, and infrastructure upgrades linked to Libya’s offshore energy sector. 

Outlook: 

The expanded cooperation between Libya’s National Oil Corporation and Eni is likely to support efforts to increase gas production and improve the efficiency of existing offshore infrastructure, reinforcing Libya’s role in regional energy supply chains. This comes as authorities seek to accelerate long-delayed projects and reduce operational inefficiencies, particularly in key offshore fields and gas recovery systems. 

While security uncertainties persist in Libya, it remains important for international energy partners to sustain engagement with the country’s upstream sector, as continuity in investment and technical cooperation is central to maintaining production stability. At the same time, Libya’s gas developments retain strategic relevance for Mediterranean energy markets, particularly through existing export links to Italy. 

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