The Chairman of the National Oil Corporation (NOC) met on Tuesday with Canada’s Ambassador to Libya to review the status of Canadian companies operating in Libya’s oil and gas sector and their potential involvement in future development and investment projects.
According to a social media post, the meeting emphasized the importance of exchanging technical and developmental expertise and supporting the training and qualification of national talent across various fields within the oil and gas sector.
It was added that the meeting reflects the shared commitment of both sides to make Libya an attractive environment for investment and cooperation.
Canada
Canada is a North American country formed in 1867 through Confederation, evolving from Indigenous lands and later French and British colonies. It is known for its vast natural landscapes, bilingual English and French heritage, and a multicultural society shaped by successive waves of immigration.
Libya
Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the well-preserved Roman ruins of Leptis Magna, a UNESCO World Heritage site.
National Oil Corporation
The National Oil Corporation (NOC) is the state-owned oil company of Libya, established in 1970 to oversee the country’s petroleum resources and manage all phases of oil and gas production. It was founded following the nationalization of the Libyan oil industry under Muammar Gaddafi’s government, consolidating control over a sector critical to the nation’s economy.
