Libya’s NOC Signs $8B Agreement with Hill International for Offshore Gas Projects

Libya’s National Oil Corporation (NOC) and its joint venture Mellitah Oil and Gas, partnered with U.S.-based Hill International, signed a cooperation agreement to manage the offshore "Structures A&E" gas project, aiming to boost Libya's gas output to 750 million cubic feet per day starting next year. The $8 billion project, involving the development of two offshore gas fields and integration with existing treatment facilities, also includes a carbon capture and storage facility aligning with Eni’s decarbonization strategy. The agreement was signed during a visit to Tripoli by Massad Boulos, U.S. President Donald Trump’s senior adviser for Africa, signaling renewed U.S.-Libya energy collaboration. During this visit, Boulos met Libya’s Prime Minister Abdulhamid Dbeibah, who emphasized his government's commitment to fostering economic partnerships with the U.S. to facilitate American investment across Libya’s energy, minerals, and electricity sectors, part of a broader $70 billion strategic economic partnership portfolio. NOC reaffirmed its strategy to increase crude oil production to 2 million barrels per day by 2030, highlighting the vital role of the oil and gas sector in Libya’s economic stability. Hill International, with prior experience in Libyan infrastructure projects, will oversee project management, marking a significant step in rebuilding and expanding Libya’s hydrocarbon infrastructure.