Strategic shift focuses on homegrown technologies
The National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil production and domestic technological development.
During board meetings, NOC executives evaluated proposals from subsidiaries Libyan Technology Company, Harouge Oil Operations, North Africa Geophysical Exploration Company, and the Petroleum Institute for Rehabilitation and Training.
Performance reviews for 2024 highlighted record production levels at Harouge Oil Operations and expanded engineering services by Libyan Technology Company throughout the petroleum sector.
The board approved plans to strengthen Libyan Technology Company’s local operations and resume production at Harouge’s Al-Ghani field, reinforcing the corporation’s focus on technological self-sufficiency.
This strategy supports Libya’s broader objectives of energy sector independence and production stability, marking a shift from external reliance to domestic expertise.
