KEY POINTS
- Libya is seeking higher oil production and more investment from TotalEnergies.
- Talks covered the Waha concessions, Mabrouk field and gas-sector development.
- Libya also wants to reduce gas flaring and expand renewable energy investment.
Libya is stepping up efforts to attract fresh investment into its oil and gas industry as the North African country seeks to increase production, expand infrastructure and make better use of its energy resources.
Libya’s Minister of Oil and Gas, Khalifa Abdel Sadig, held talks with Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, on the sidelines of the ONS 2026 conference in Norway.
The discussions focused on TotalEnergies’ plans to expand its operations in Libya, including higher oil production, infrastructure development and increased investment in the country’s energy sector.
TotalEnergies Plans More Investment
A major focus of the meeting was TotalEnergies’ investment programme in Libya’s Waha concessions, whose operating agreements have been extended until 2050.
The extension provides the company with a longer-term framework to develop the concessions and increase production. Abdel Sadig and Pouyanné discussed plans to raise output and upgrade infrastructure needed to support expanded operations.
The two sides also reviewed developments at the Mabrouk oil field, including current production and plans for its next phase of development.
The Libyan government is seeking to use partnerships with major international energy companies to increase crude production and strengthen the infrastructure required to sustain higher output.
Beyond oil production, the meeting also examined opportunities to expand investment in Libya’s natural gas sector.
The discussions included efforts to reduce gas flaring and convert more of the country’s gas resources into economic value. Reducing flaring could allow Libya to capture gas that is currently wasted while also improving the efficiency and environmental performance of its oil operations.
Renewable energy projects were also considered as part of broader efforts to diversify Libya’s energy sector.
The minister stressed the importance of accelerating new investments by TotalEnergies, particularly in projects that can increase production, strengthen infrastructure and create additional economic value for Libya.
The meeting with TotalEnergies forms part of a wider series of discussions between Libya’s oil authorities and international energy companies.
Libya has been seeking increased participation from foreign investors as it works to restore and expand its energy production capacity. International partnerships are considered important for providing the technology, expertise and capital needed to develop oil and gas fields and modernise infrastructure.
