The Libyan Customs Authority announced today that it had foiled an attempt to smuggle €140,000 out of the country in foreign currency in violation of applicable laws. The smuggling attempt was conducted by three passengers at Tripoli’s Mitiga International Airport. The operation was carried out through joint coordination between the Anti-Smuggling and Narcotics Department and the Internal Security Agency. The Authority reaffirmed its commitment to combating smuggling and protecting the national economy.
Source:Libya Today
February 11, 2026 18:55 UTC
Libya's state-owned National Oil Corporation (NOC) has announced U.S. Oil & Gas major Chevron (NYSE:CVX) among the winners of its first oil and gas licensing round in nearly two decades, signaling a major push to revive the country's hydrocarbon sector. Chevron secured an onshore Sirte S4 (also referred to as Contract Area 106) exploration license, reflecting a strategic reentry into Libya's oil sector. Chevron's return aligns with its strategy to focus on high-impact exploration in Africa, following its exit in 2010 following unsuccessful efforts. Libya holds over 48 billion barrels of oil, often high-quality, light-sweet crude, and significant gas resources. Western oil majors are making a comeback to Libya thanks to the country's massive, high-quality hydrocarbon reserves--the largest in Africa--coupled with an improvement in security following the 2020 ceasefire.
Source:Libya Today
February 11, 2026 18:41 UTC
The PeninsulaDoha: QatarEnergy won an offshore exploration license in the State of Libya following the conclusion of the “Libya Bid Round”, marking QatarEnergy’s first entry into the country’s upstream sector. The results of the competitive bid process, the first to be held in Libya since 2007, were announced today by the National Oil Corporation (NOC) awarding the exploration and production rights for offshore block O1 to a consortium of QatarEnergy (40% participating interest) and Eni (the operator, 60% participating interest). Commenting on the award, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, HE Saad Sherida Al-Kaabi said: “We are pleased to be awarded this exploration block and enthusiastic about the prospects of Libya’s offshore upstream sector and about expanding our upstream footprint in North Africa.”H.E. Minister Al-Kaabi added: “I would like to take this opportunity to thank and congratulate the Libyan authorities on the success of this bid round. We look forward to a collaborative and productive relationship, working alongside the Libyan authorities and Eni to deliver a successful exploration program.”Located in the offshore Sirte Basin, block O1 covers an area of approximately 29,000 km² in water depths of up to 2,000 meters.
Source:Libya Today
February 11, 2026 18:00 UTC
Seven companies were successful in bids for five plots (3 onshore and two offshore) as Libya announced today the results of its first public bidding round for oil and gas exploration in 17 years. The rest either received no bids or the bids presented did not fulfil the NOC’s requirements. This, in turn, will lead to an economic revival that will guide the country towards stability and prosperity, while preserving Libya’s crude oil reserves for future generations. Masoud Suleiman clarified that the success of this round was not limited to the number and size of the companies that secured investment opportunities. It is noted that exploration had been halted in Libya for more than 17 consecutive years.
Source:Libya Today
February 11, 2026 17:08 UTC
Hungary's MOL Group is entering Libya's upstream sector through a joint offshore exploration venture with Repsol and Türkiye Petrolleri A.O., marking its latest move to expand its international footprint. Repsol will operate the project with a 40% stake, TPAO will hold 40%, and MOL will take a 20% interest. The deepwater Mediterranean setting plays to the offshore experience of the consortium partners, particularly Repsol and TPAO. MOL has recently signed cooperation agreements with national oil companies in Kazakhstan, Azerbaijan, Türkiye, and Libya. The deal also deepens energy ties between Libya and Türkiye, which has steadily increased its economic footprint in North Africa, particularly in offshore development and infrastructure.
Source:Libya Today
February 11, 2026 17:02 UTC
Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron, Eni, QatarEnergy and Repsol, in its first licensing round in nearly two decades as it seeks to revitalise the sector despite ongoing political division. The National Oil Corporation (NOC) announced the winners of its first bid round since 2007, allocating key acreage across the onshore Sirte and Murzuq basins and offshore blocks in the Sirte basin of the gas-rich Mediterranean. The licensing round, in which five of 20 blocks on offer were awarded, follows a 25-year oil development deal last month with France's TotalEnergies and ConocoPhillips. Differences over drilling commitments and participation stakes meant several blocks were not awarded in the latest licensing round, National Oil Corporation Chairman Massoud Suleman told reporters. Libya is targeting a production capacity of 2 million barrels per day (bpd) from current output of around 1.4 million bpd.
Source:Libya Today
February 11, 2026 16:54 UTC
Libya awarded oil and gas exploration blocks to foreign firms on Wednesday, including a subsidiary of the Turkish Petroleum Corporation (TPAO), in the North African nation's first licensing round in nearly two decades. A consortium comprising Turkish Oil Petroleum Company (TOPC), an international arm of Türkiye's state-owned TPAO, and Spain's Repsol won an exploration license for Libya's C3 basin, the NOC said. Libyan Prime Minister Abdul Hamid Mohammed Dbeibah (front 4th R) and Oil and Gas Minister Khalifa Abdulsadek (front 6th R) attend Libya's first bidding round for oil exploration in more than 17 years, Tripoli, Libya, Feb. 11, 2026. (AA Photo)Oil and Gas Minister Khalifa Abdulsadek said last month that Türkiye could play a "key role" in offshore energy development in Libya. Libya is one of Africa's biggest oil producers and a member of the Organization of the Petroleum Exporting Countries (OPEC).
Source:Libya Today
February 11, 2026 16:18 UTC
India plans to open a consulate in the eastern Libyan city of Benghazi, its ambassador to Libya has said, in a move aimed at expanding diplomatic representation and providing services to Indian nationals in the region. Ambassador Hafizur Rahman Azmi said New Delhi was working towards establishing the mission to facilitate consular services for the Indian community in eastern Libya and to strengthen India’s diplomatic presence in the country. He was speaking during a meeting in Benghazi with Youssef al-Agouri, head of the Foreign Affairs and International Cooperation Committee in the House of Representatives, according to parliamentary spokesman Abdullah Blihaq. Blihaq said the talks focused on prospects for Libyan-Indian cooperation and ways to develop bilateral ties in political, economic and educational fields, in what both sides described as serving mutual interests and deepening partnership.
Source:Libya Observer
February 11, 2026 15:48 UTC
Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. Chevron has a diverse exploration and production portfolio in the Mediterranean and Africa and continues to assess potential future opportunities in the region. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Source:Libya Today
February 11, 2026 14:25 UTC
(AA Photo)Turkish Petroleum Corporation (TPAO) won two fields, one onshore and one offshore, in Libya’s hydrocarbon exploration and production tender covering 22 blocks, launched for the first time in 17 years. The tender committee affiliated with the NOC said TPAO won the C3 onshore block together with its Spanish partner Repsol. The hydrocarbon-rich country aims to attract major global energy companies back to Libya while increasing daily oil production by 850,000 barrels over the next 25 years. The National Oil Corporation flag and flags of numerous Libyan authorities in the tender held in Libya, Feb. 11, 2026. The NOC previously opened bids for 20 oil blocks, including 11 offshore blocks, but none of the offshore areas received offers at that stage.
Source:Libya Today
February 11, 2026 13:50 UTC
Libya has awarded oil and gas exploration blocks to foreign energy companies including Chevron, Eni, QatarEnergy and Repsol in its first licensing round in nearly two decades, as it pushes to revive a hydrocarbons sector crippled by years of conflict and underinvestment. Italy’s Eni and QatarEnergy secured Offshore Area 01 in the gas-rich Cyrenaica zone, deepening a Mediterranean partnership that has expanded steadily in recent years. Libya signed a 25-year oil development agreement worth more than $20 billion with France’s TotalEnergies and US's ConocoPhillips last month. International energy companies have been looking to return to Libya, which has Africa’s largest proven crude reserves. Despite the oil rebound, the country continues to grapple with fragmented governance, heavy public spending and weak fiscal co-ordination between rival administrations.
Source:Libya Today
February 11, 2026 13:40 UTC
Libya granted several foreign companies new oil exploration and production licenses for the first time in 17 years on Wednesday, after more than a decade of political instability. The hydrocarbon-rich country is seeking to draw major global energy companies back, while boosting daily oil production by 850,000 barrels over the next 25 years. Libya currently produces around 1.5 million barrels a day, sitting on Africa's largest oil reserves at an estimated 48.4 billion barrels. Last month, Libya signed agreements worth more than $20 billions of investment by TotalEnergies and ConocoPhillips, to increase oil production within 25 years. The National Oil Corporation had opened bids for 20 oil blocks, with 11 offshore, but none of the latter received offers.
Source:Libya Today
February 11, 2026 13:03 UTC
The official presentation of the results of the new round of international tenders launched by the National Oil Corporation (NOC, Libya's state-owned oil company), the first since 2008, for the allocation of oil and gas exploration areas, concluded today in Tripoli. The second offshore block awarded is Area 07, located in the Gulf of Sidra, off the north-central coast of Libya. The winning bid includes a 25% profit-oil share, 400 kilometers of 2D seismic arrays, and 1.000 square kilometers of additional 3D seismic arrays, with a two-year development plan. The initial offer indicated a profit oil share of 28 percent, which was manually revised by the company's legal representative to 25 percent during the public session. The work program includes 600 kilometers of 2D seismic, 100 square kilometers of 3D seismic, and a two-year development plan.
Source:Libya Today
February 11, 2026 12:16 UTC
The Chief of Staff of the Libyan Army, Lieutenant General Salah al-Din al-Namroush, has attended the World Defence Show 2026 in the Saudi capital, Riyadh, following an official invitation. The exhibition, running from 8 to 12 February, is one of the world’s leading defence and security events, bringing together senior military delegations and major international defence companies. Organisers say the show features advanced military technologies, including air defence systems, drones, surveillance and communications equipment, cyber security tools and artificial intelligence applications for military use. It also includes national pavilions representing a wide range of countries and manufacturers, positioning the event as a global platform for showcasing the latest defence innovations. His participation comes as part of efforts by Libya’s General Staff to follow global military developments and strengthen the country’s presence at international defence forums.
Source:Libya Observer
February 11, 2026 03:40 UTC
Two babies are among at least 53 people dead or missing after an inflatable migrant boat sank off Libya, the UN migration agency said on Monday, the latest tragedy on a dangerous route for those seeking a better life in Europe. Search for: SearchArchives Archives Select Month February 2026 January 2026 December 2025 November 2025 October 2025 September 2025 August 2025 July 2025 June 2025 May 2025 April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 November 2021 October 2021 September 2021 August 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 September 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 March 2018 August 2017 July 2017 April 2017 February 2017 January 2017 December 2016 November 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 December 2004 October 2004 May 2004 February 2004 January 2004 December 2003 October 2003 August 2003 July 2003 June 2003 January 2003 December 2002 November 2002 October 2002 September 2002 August 2002 July 2002 June 2002 April 2002 March 2002 February 2002 December 2001 November 2001 July 2001 June 2001 May 2001 April 2001 February 2001 December 2000 November 2000 October 2000 September 2000 August 2000 July 2000 June 2000 May 2000 April 2000 March 2000 February 2000 January 2000 December 1999 November 1999 October 1999 August 1999 July 1999 June 1999 May 1999 April 1999 March 1999 February 1999 January 1999 December 1998 November 1998 October 1998 September 1998 August 1998 July 1998 June 1998 May 1998 April 1998 March 1998 February 1998 January 1998 December 1997 November 1997 October 1997 September 1997 August 1997 August 1996 June 1996 May 1996 April 1996 March 1996 July 1995 June 1995 May 1995 April 1995 February 1995 January 1995 December 1994 November 1994 October 1994 August 1994 July 1994 June 1994 May 1994 July 1993 March 1993 February 1993
Source:Libya Today
February 10, 2026 22:27 UTC