The National Oil Corporation (NOC) of Libya held a meeting in Tripoli on Tuesday with senior executives from Chevron Corporation to discuss expanding cooperation, developing oil fields, and exploring investment opportunities in both traditional and renewable energy sectors.
The meeting was chaired by NOC Chairman Masoud Suleiman and attended by a high-level delegation from Chevron that included Frank Mount, Vice President for Business Development; Joel Koch, General Manager of Operations; Daniel Hebb, Director for High-Risk Environments; and Kenneth Davis, Senior Engineering and Operations Specialist.
According to the NOC, discussions focused on strengthening technical collaboration in oil exploration, field development, and production enhancement.
The talks also covered Chevron’s potential role in renewable energy initiatives and in introducing advanced technologies to support efficiency and sustainability across Libya’s energy industry. Chairman Suleiman highlighted that the NOC’s priority is to attract experienced global partners to help modernize the country’s oil infrastructure and raise production capacity.
He said the current period represents a critical opportunity to launch strategic projects aimed at boosting output and stimulating economic growth. Chevron’s representatives expressed strong interest in expanding their operations in Libya, praising the NOC’s ongoing efforts to improve investment conditions in the sector.
They reaffirmed the company’s readiness to contribute technical expertise, particularly in training national staff, enhancing operational safety, and supporting capacity-building programs within Libyan oil institutions.
The NOC described the meeting as part of its long-term strategy to open new horizons for international cooperation and to align Libya’s energy sector with global standards of performance and innovation. It reiterated its commitment to creating a sustainable investment environment capable of attracting major international companies back to Libya’s oil and gas market.
