The National Oil Corporation (NOC) says Akakus Oil Operations has exceeded its daily crude-oil production target, which had been set at 320,000 barrels. Actual output has reached about 796,325 barrels per day, the NOC said. The corporation attributed the rise to technical upgrades and projects aimed at boosting efficiency and maintaining production, despite limited resources and delayed budget releases. Work included linking ten new wells and launching a strategic project to divert surplus output from block I&R to the main separation facility at block NC-186, improving operational capacity while meeting safety standards. The NOC praised the company’s workforce and reaffirmed support for efforts to sustain and increase national production.

Source: Libya Observer January 03, 2026 11:32 UTC