The Benghazi Energy Innovation Forum officially kicked off on Saturday, aiming to explore new opportunities for Libya’s energy future. Organized by Arkino Oil Company in collaboration with the National Oil Corporation (NOC) and the Arabian Gulf Oil Company (AGOCO), the forum is held under the theme: “Exploring New Opportunities for Libya’s Energy Future.”
The event brings together top leaders from Libya’s energy sector and executives of oil companies to discuss strategic prospects, drive innovation, and strengthen collaboration between the public and private sectors.
The opening ceremony was attended by Masoud Suleiman, Chairman of the Board of Directors at the National Oil Corporation, and Mohamed Ben Shatwan, Chairman of the Management Committee at AGOCO, along with CEOs of NOC-affiliated companies and several executives from major international oil firms.
In his speech, NOC Chairman Masoud Suleiman emphasized the crucial role of such forums in driving innovation and advancing Libya’s energy sector to meet future challenges and achieve sustainable development.
Mohamed Ben Shatwan of AGOCO highlighted that the forum reflects a renewed national movement to revitalize Libya’s oil and gas industry. He stressed the importance of ensuring its sustainability and improving efficiency amid current challenges. He also praised Arkino Oil Company’s initiative and its key role in supporting AGOCO’s efforts to maintain and increase production through successful partnerships.
Ben Shatwan further underscored that recent accomplishments prove the importance of cooperation between the public sector and serious local investors. He pointed out the vital role of advanced technologies and innovation in boosting production and enhancing operational performance. He concluded by affirming that new discoveries, digital transformation, and improved operational efficiency are fundamental pillars for the future development of Libya’s oil sector, calling for enhanced collaboration and knowledge sharing under the NOC’s umbrella to serve the national economy and strengthen Libya’s global energy position.
The forum continued with technical workshops and discussion panels focused on the latest technologies and developments in the energy field, aiming to promote the adoption of innovative solutions to support the growth of Libya’s oil and gas sector.
