Libya NOC News

  Add NOC News  

The Indonesian Ambassador to Libya discusses with NOC the return of the Indonesian Companies.

Eng. Mustafa Sanalla, NOC Chairman, met on Sunday morning 16 April 2016 with H. E. the Indonesian Ambassador to Libya Mr. / Raudin Anwar and his accompanying delegation at NOC Offices in Tripoli in the presence of Mr.  Abulgasem Shingheer Member of the Board of Directors, Mr.  Fathi Madi Manager of Investment Department and Mr. Salah Ben Ali Manager of International Cooperation Office at NOC.

 The meeting discussed the mutual cooperation between the two countries in the oil sector. The Indonesian delegates expressed their country’s intention to cooperate with NOC and strengthen the relationships with Libya and that they will work on the return of the Indonesian companies to Libya as soon as possible which will constitute a support to the oil sector.

On his part, Eng. Mustafa Sanalla asserted his welcome to the return of the Indonesian companies to work in Libya particularly Medco Energy International which won the Area 47 of Ghadames Basin in the first session of the public announcement sessions in 2008 and has a partnership with the Libyan Investment Authority (LIA). The partnership achieved oil discovery in the said Area where development works of production installations were supposed to start composing of 26 wells and the investment of 800 million dollars with production capacity of 50,000 bbl/d and the project was supposed to be completed in 2017; however, due to security problems and the political divisions that the country goes through completing this project which will enhance Libya’s production capacity when operated was delayed.

It is worth mentioning that NOC has recently held a series of meetings with Medco to discuss the Company’s plans in exploration and development sector and aspects of future cooperation.

(NOC.LY)


Libya Business

Home About Us Advertising Our Services Contact us Sitemap Login Register

Libya Add Your Topic

Dear Visitor you can add free your News, Jobs, Tenders or any topic categorized under Libyaninvestment.com by clicking at the appropriate link below.

  Libya Tenders  

  Libya News  

  Libya Events  

  Libya Jobs  

  Libya Jobs Seekers  

  Libya Training  

  Libya NOC News  

  Libya Government  

  Libya xGPC News  

  Doing Business in Libya  

  International Companies  

  Libyan Companies  

  Libyan Training  

  Libya Auctions  

  Libya Laws  

  Libya Regulations  

  Libya Projects  

  Libya Telecom and Technology  

  Libya Announcements  

  Libya Scholarships  

  Libya Airports  

  Libya Exhibitions  

  Libya Sea Ports  

  Libya Free Zones  

  Libya Banks  

  Libya Small business  

  Libya Finance & Economy  

  Libya Healthcare  

  Libya Real Estate  

  Libya Islamic Finance  

  Libya Industries  

  Libya Construction  

  Libya Competitions  

  Libya Agriculture  

  Libya Culture  

  Libya Demography  

  Libya Geography  

  Libya Roads  

  Libya Business  

  Libya Oil  

  Business in Libya  

  Libya Grants  



We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…