The deal involves more than $20 billion in foreign-financed investment, Libyan Prime Minister Abdulhamid al-Dbeibah said.

The extension revises fiscal terms to enhance production from the Waha Concessions, which currently produce 370,000boepd.

By Stephanie van den Berg THE HAGUE, Jan 27 (Reuters) - An Eritrean people trafficker who tortured African refugees and migrants in camps in Libya was jailed for 20 years on Tuesday by a Dutch court, ...

Türkiye could play a 'key role' in offshore energy development in Libya, Oil and Gas Minister Khalifa Abdulsadek said on ...

Libya's oil and gas sector has bounced back formidably, attracting TotalEnergies, ConocoPhillips, Chevron and Eni with ...

TotalEnergies said it signed an agreement to extend the Waha oil concessions in Libya until the end of 2050, setting new ...

TotalEnergies has struck a major deal with Libya to extend the production concession of the big onshore Waha assets to 2050.

Waha, a subsidiary of Libya’s state-owned National Oil Corporation, is producing roughly 350,000 barrels of oil per day (bpd) ...

Libya's attorney general's office says a member of a criminal group linked to a mass grave of 21 migrants will stand trial ...

Country also launched its first oil and natural gas exploration licensing round in 17 years in 2025, Abdulhamid Dbeibah says ...

On January 24th, during the Libya Energy & Economy Summit in Tripoli, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies signed an agreement extending the Waha Concessions up to ...