The United States embassy in Libya has welcomed the National Oil Corporation’s announcement of the results of a public oil and gas bidding round, stating it will help bring American innovation and technology to Libya’s energy sector.
In a statement posted on X, the embassy described the announcement as “encouraging news” for US-Libya economic cooperation. It noted that the Chargé d’Affaires attended the ceremony marking Libya’s first oil and gas bidding round in 17 years.
The embassy also congratulated the National Oil Corporation and the US energy firm Chevron, which was among the companies awarded contracts.
United States embassy
The United States embassy is the diplomatic mission representing the U.S. government in a foreign capital, facilitating official relations and providing consular services. The first U.S. embassies were established following the 1961 Vienna Convention on Diplomatic Relations, which standardized their status and protections under international law.
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. The country is home to UNESCO World Heritage sites, such as the ancient Greek city of Cyrene and the Roman ruins of Leptis Magna.
National Oil Corporation
The National Oil Corporation (NOC) is the state-owned oil company of Libya, established in 1970 to manage the country’s hydrocarbon resources. It oversees all aspects of Libya’s oil and gas production, from exploration to export, and has been a central pillar of the national economy since its founding.
Chevron
Chevron is a major American multinational energy corporation, originally founded in 1879 as the Pacific Coast Oil Company. It grew through mergers, most notably with Standard Oil of California, and today is one of the world’s largest integrated oil and gas companies.
