The Chairman and members of the Board of Directors of Libya’s National Oil Corporation (NOC) discussed plans to increase production and the 2026 project portfolios of Waha Oil Company, Mellitah Oil & Gas, Brega Petroleum Marketing Company, and the National Catering Company, during the general and annual meetings held on Sunday at the NOC headquarters in Tripoli, with the participation of boards, management committees, general managers, and specialists. The meetings also reviewed the results of 2025 projects, during which the companies recorded notable achievements despite limited budgets. Waha Oil Company reached a peak daily production of 371,000 barrels of oil and 291 million cubic feet of gas, in addition to drilling one exploratory well and 61 development wells. Mellitah Oil & Gas recorded its highest daily production rate at 180,000 barrels of oil and 1,583 million cubic feet of gas, and drilled one development well. Meanwhile, the National Catering Company successfully provided high-quality catering and accommodation services to sector companies at oil fields and ports.

Source: Libya Observer December 29, 2025 20:44 UTC