Libya

Tripoli will host the fourth annual Libya Energy & Economic Summit (LEES) 2026 from January 24-26, 2026, in an expanded three-day format designed to fast-track infrastructure development and unlock large-scale investment required to drive Libya's next phase of energy growth. Organized by Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) and officially endorsed by the Office of the Prime Minister, the Ministry of Oil & Gas, the National Oil Corporation (NOC) and the Renewable Energy Authority of Libya, this year's summit takes place under the theme Infrastructure & Investment Driving Energy Growth.

LEES 2026 will spotlight the infrastructure projects underpinning Libya's production ambitions, from the modernization of oilfields to the expansion of pipelines, refineries and export facilities. Central to the agenda is Libya's renewed upstream momentum following the 2025 exploration bidding round – its first in 17 years – which offered 22 on- and offshore blocks across prolific basins such as Sirte, Murzuq and Ghadames. The summit will provide dedicated sessions for investors, international oil companies (IOCs), financing partners and engineering firms to examine these opportunities and align with national development priorities aimed at raising oil production toward 2 million barrels per day.

Join industry leaders at the Libya Energy & Economic Summit 2026 in Tripoli and explore investment opportunities in one of North Africa's most dynamic energy markets. LEES 2026 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Natural gas and midstream infrastructure will feature prominently, with discussions set to cover export-oriented gas development, associated gas capture to curb flaring, and domestic power generation improvements. The technical program will dive into engineering requirements for upstream rehabilitation, digitalized operations, pipeline expansion and modular processing facilities. Renewable energy infrastructure – including large-scale solar initiatives like the 500 MW Sadada solar project – will also be in the spotlight as Libya advances plans to diversify its energy portfolio.

The summit brings together major international operators and investors – including Eni, TotalEnergies, Repsol, OMV and ConocoPhillips– alongside global service companies such as SLB, Halliburton and Baker Hughes. Key institutional players including the American Chamber of Commerce in Libya, EnerGeo Alliance and the Libyan Council for Oil, Gas and Renewable Energy, will support engagement around local content, SME development and investment facilitation.

By strengthening cooperation between government institutions, IOCs, financiers and service providers, LEES 2026 aims to catalyze Libya's infrastructure renewal – spanning exploration development, processing, transport and renewable integration. With over 48 billion barrels of proven oil reserves and 53 trillion cubic feet of natural gas, and with major companies re-entering the market, Libya is positioned to reassert itself as a critical energy hub connecting Africa and Europe.

“This year's summit is designed to convert investor attention into tangible infrastructure progress – ensuring that capital, expertise and technology are deployed directly into projects that modernize Libya's energy systems and support long-term economic stability,” says James Chester, CEO, ECP.

Through collaboration, capacity-building and targeted investment partnerships, LEES 2026 underscores Libya's commitment to using infrastructure development as the cornerstone of sustainable energy growth and economic revitalization.

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The Libya Energy & Economic Summit (LEES) 2026, taking place on January 24-26 in Tripoli, will showcase a renewed surge of U.S. participation as American companies re-engage with Libya's oil, gas and infrastructure sectors. This year marks a significant moment for U.S. investment momentum, reinforced through expanded commercial programming and strategic dialogues, signaling renewed confidence in Libya's oil, gas and infrastructure markets – and marking a strategic shift in the way American majors are approaching the region. 

A major highlight of the Summit will be a dedicated U.S.-Libya Roundtable and a U.S. pavilion, underscoring growing institutional and corporate commitment to Libya's energy future. Discussions will explore collaboration in exploration, field redevelopment and energy services, highlighting areas where American firms can add unique value – from advanced technologies and workforce training to midstream and gas infrastructure innovation. Through these contributions, U.S. investment can accelerate technology transfer, strengthen local supply chains and support Libya's broader industrial development and energy transition objectives. Meanwhile, the pavilion will host a broad range of American firms, industry associations and technical service providers, offering a platform for partnerships across upstream, midstream, downstream and infrastructure development.  

Industry leaders ConocoPhillips and SLB will feature prominently at LEES 2026, reflecting the resurgence of U.S.-linked investment interest. ConocoPhillips, a key partner in the Waha Oil Company, continues to support major redevelopment efforts aimed at boosting output at one of Libya's most strategic concessions. SLB, one of the most active technology and service providers in Libya, is deepening its collaboration with the NOC to enhance crude production, modernize operations and support the country's long-term sustainability goals. The company is deploying advanced drilling, well placement and production optimization technologies across priority fields, while expanding its footprint through new contracts – including a milestone agreement to drill three wells in the Nesr and Al-Waha fields. Hill International, meanwhile, recently secured a $235 million contract for the Structures A&E gas field project, forming part of a multi-billion-dollar program to strengthen Libya's natural gas capacity. 

These players will be joined by Halliburton, Baker Hughes and ExxonMobil, all of which are deepening their engagement with Libya's National Oil Corporation (NOC) and assessing new commercial, technical and exploration opportunities. ExxonMobil recently signed an MoU with the NOC to undertake geological and geophysical studies covering four offshore blocks in the northwest and Sire Basin – reflecting analytical interest and preliminary evaluation of future partnership potential. The company is also expected to participate in Libya's current licensing round, which covers 22 onshore and offshore blocks. 

Chevron has also re-emerged as a major talking point ahead of LEES 2026. Following high-level discussions in London, the NOC confirmed that Chevron is showing serious interest in returning to Libya after a 15-year hiatus. Talks have centered on cooperation in exploration, unconventional resources and undeveloped reservoirs, with Libyan officials emphasizing the country's significant untapped potential across oil and natural gas. 

Technical programming will represent another major pillar of U.S. engagement. The Society of Petroleum Engineers Libya will host technical sessions on January 24, featuring discussions on enhanced oil recovery, field redevelopment, marginal field development strategies and digitalization in Libya's oilfields. On January 25 and 26, S&P Global Commodity Insights will lead specialized technical sessions covering market intelligence, production trends, resource monetization and global energy outlooks relevant to Libya's future planning. These sessions are designed to attract active exploration and support the NOC's ambitious target of 2 million barrels per day by 2030. 

Institutional participation is set to complement private-sector involvement. The U.S. Embassy – expected to participate at LEES 2026 – supports expanded commercial cooperation between the two countries, encouraging transparent governance and reinforcing bilateral economic engagement. The American Chamber of Commerce (AmCham) in Libya – once again a strategic partner of the summit – continues to promote U.S. company participation following its Washington D.C. forum spotlighting opportunities across hydrocarbons, renewables and infrastructure.  

“The U.S.-Libya Roundtable reflects a decisive turning point in commercial engagement,” says James Chester, CEO of Energy Capital & Power. “American companies are now investing in Libya in ways we haven't seen for decades – driving technology transfer, securing long-term production and helping the country realize its full energy potential.” 

With exploration interest rising, redevelopment underway and several U.S. majors and service providers reassessing market entries, the U.S.-Libya Roundtable at LEES 2026 will serve as a critical platform to consolidate this momentum and shape a long-term roadmap for sustainable growth in one of the North Africa's most promising energy markets. With the previous edition of LEES featuring 18 U.S. companies in the national pavilion – momentum next year is expected to build significantly. Together, these developments mark a strategic pivot, with U.S. companies taking a leading role in shaping Libya's energy future by deploying capital, technology and expertise at an unprecedented scale. 

Join industry leaders at the Libya Energy & Economic Summit 2026 in Tripoli and explore investment opportunities in one of North Africa's most dynamic energy markets. LEES 2026 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com. 

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The Libya Energy & Economic Summit (LEES) 2026, taking place January 24–26 in Tripoli, will host a dedicated Italy-Libya Roundtable, underscoring Italy's long-standing and expanding engagement in Libya's energy, infrastructure and broader economic sectors. The session will provide a platform to explore strategic partnerships, investment pipelines and joint initiatives that strengthen Libya's energy security and infrastructure resilience – and cement Italy's role as a key partner in the country's long-term development.

Italian companies are already deeply involved across Libya's energy sector. Last month, Eni resumed exploration after a five-year hiatus, restarting drilling at the C1-16/4 well in Block 16/4 using Saipem's Scarabeo-9 rig. Through its 50-50 joint venture with the NOC, Mellitah Oil & Gas, Eni is advancing an €8 billion integrated gas development project targeting production from Structures A&E, expected to deliver 750 million cubic feet per day by 2026.

Italian geoscience and offshore construction firm Next Geosolutions and its subsidiary Rana Subsea were awarded €8.5 million and €62.5 million contracts, respectively, to provide survey, subsea and installation support for the Bouri Gas Utilization Project. These contracts support Saipem's $1 billion engineering, procurement, construction, installation and commissioning project – aimed at revamping offshore platforms, recovering associated gas and reducing CO₂ emissions. Saipem continues to be a central player in Libya's energy landscape through its partnership with the NOC and collaboration with Eni.

In the infrastructure sector, Italian construction company Todini Costruzioni Generali was recently awarded the contract for sub-lot 4.3 of the Emsaad-Ras Jedir coastal highway, a 160-km section connecting Al-Azizya to Ras Jedir near the Tunisian border. This project, part of Libya's 1,750-km coastal corridor established under the 2008 Italy-Libya Treaty, reflects Italy's $5 billion commitment to Libyan infrastructure development. Construction on this section is set to commence immediately, highlighting the broader scope of Italian participation beyond energy into economic development and connectivity.

“The Italy-Libya Roundtable at LEES 2026 will showcase the deepening collaboration across energy, infrastructure and economic development between the two countries,” said James Chester, CEO of Energy Capital & Power. “Italian companies are not just participating in Libya's recovery – they are helping shape its energy and infrastructure future. LEES 2026 provides a strategic platform to build on this momentum and expand investment pipelines.”

By convening Italian executives, Libyan policymakers and investors, the roundtable will highlight how Italy can double down on its strategic engagement – from accelerating energy projects and integrating advanced offshore technologies to expanding infrastructure contracts and supporting Libya's transition toward cleaner gas utilization and industrial development. For Italy, LEES 2026 represents a moment to translate decades of partnership into tangible, forward-looking investment that strengthens both countries' economic and energy futures.

Join industry leaders at the Libya Energy & Economic Summit 2026 in Tripoli and explore investment opportunities in one of North Africa's most dynamic energy markets. LEES 2026 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.