The Egyptian Minister of Petroleum Tarek El-Molla confirmed the readiness of his country's specialized companies to begin work and cooperate to implement oil projects in Libya, during a meeting with the Chairman of the National Oil Corporation (NOC), Farhat Bengdara, on the sidelines of participation in the Egypt International Energy Conference and Exhibition “EGYPES2024”, which kick-started on Tuesday in the Egyptian capital, Cairo.

Bengdara and El-Molla discussed opportunities for Egyptian oil sector companies to contribute to the implementation of oil projects inside Libya in light of their intention to intensify activities and projects in the coming period, according to a statement by the NOC on Facebook.

El-Molla confirmed the readiness of specialized training centers in the oil sector to train Libyans in light of the Libyan side’s request for cooperation in this regard, while Bengdara stressed that there were many opportunities and areas for cooperation with Egypt in implementing oil projects inside Libya, especially with the distinguished previous contributions of Egyptian oil companies in implementing projects. Bengdara also expressed the desire of the Libyan side to discuss opportunities to use the services of Egyptian companies in the field of drilling oil wells.

A statement by the Egyptian Ministry of Petroleum indicated that the meeting saw an agreement to hold a meeting for the Libyan side with the Egyptian petroleum sector companies specialized in implementing projects, which include “Enppi”, “Petrojet”, “San Misr” and “Petromaint” to review the opportunities available for Egyptian companies to implement projects in Libya.