Libya’s NOC Launches Training Program for 7,000 Graduates

Farhat Bengdara, Head of the Libyan National Oil Corporation (NOC) announced the launching of a training program for over 7,000 graduates of oil specializations, from various Libyan cities.

In his statement, Bengdara highlighted that during the training program, participants would receive a monthly grant of 1,000 dinars. He further underscored that every graduate who completes the program, and exhibits commitment would be hired by oil companies.

Bengdara elaborated that the NOC “operates from an investment perspective in young professionals, focusing on their training and development. The aim is to foster a generation capable of production, instilling ambition in graduates to lead the sector in the future.”

This innovative program is a landmark effort in Libya’s oil sector, aiming to nurture a new generation of industry professionals. The initiative highlights the NOC’s commitment to investing in Libya’s youth, providing them with the skills and expertise necessary to excel in the oil industry.

Last week, Bengdara hosted an important meeting with the Investment Committee in Tripoli.

The meeting primarily focused on discussing the opportunities available for investment in Libya’s oil and gas sector. This discussion comes as part of efforts to stabilise oil production, and lift the force majeure from exploration operations.

The meeting provided an opportunity to review investment prospects, which have shown significant improvements after the country’s security situation stabilised and oil production returned to its normal levels.

The gathering emphasised the importance of exploiting these opportunities, to boost the economy and develop the oil and gas sector in the country.

Bengdara indicated that the NOC is prepared to “offer all necessary support to global companies keen on investing in Libya. This includes providing essential information and data to potential investors.”

He also underscored the significance of strengthening collaboration between the NOC and global companies. Such cooperation aims to “fulfil mutual interests and bolster the national economy.” This affirmation comes as part of the corporation’s plan to increase production to 2 million barrels.