noc

The National Oil Corporation (NOC) held discussions with Deloitte & Touche on governance reforms and preparations for an upcoming tender focused on exploration areas. 

NOC Chairman Farhat Bengdara led the talks at the corporation’s headquarters in Tripoli, with the meeting emphasizing the ongoing efforts to improve governance and transparency across NOC operations.

The NOC is advancing preparations for the public tender, inviting bids for exploration rights onshore and offshore, aiming to attract international investment. 

The talks with the international consulting firm Deloitte also included updates on procedural steps for the upcoming bid round as Libya seeks to boost its oil sector amid global demand shifts.

Economy