The Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman, said that the NOC "remains committed to neutrality and professionalism despite the challenges it faces, particularly the delayed disbursement of funding and the necessary budget required to sustain and increase production."
Suleiman made this statement during a meeting that reviewed completed projects for 2024, targeted plans for 2025, and the budget needed for implementation for Al-Waha, Mellitah, and the National Catering companies.
Suleiman stressed the urgent priority of implementing all measurement system projects and maintenance projects that contribute to increasing production. He also stressed the need to develop discovered and undeveloped fields and to bring them into production.
He highlighted the importance of carrying out annual and partial overhauls, prioritizing environmental protection programs, reducing gas flaring, and ensuring timely inspections of oil and gas pipelines without delays.
Meanwhile, the NOC Board of Directors commended the efforts of workers in companies across all oil fields and ports, acknowledging their success in maintaining and increasing production levels. The board reaffirmed the importance of investing in employees, providing training and development opportunities, as well as empowering young professionals to take on their roles effectively.
