Oil company ConocoPhillips seeks major investment in Libyan reserves, while Massad Boulos advises on power-sharing in Libya.
2 reports, 2 independent
Updated Jun 30
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What happened
Oil company ConocoPhillips seeks major investment in Libyan reserves, while Massad Boulos advises on power-sharing in Libya.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A national gathering of Libyan parties aims to resolve the country's political crisis.Sub-event
Massad Boulos met with US SecState to seek a diplomatic deal for Libyan institutional unification.1 source
ConocoPhillips explores investment in Libyan oil reserves; consultant advises on power-sharing.1 source
Keep exploring
Part of
Libya, a sovereign state in North Africa, is offering strategic energy security for Europe through production sharing agreements for deepwater exploration.Also in this story
- Libya is attempting to boost its gas exports to Europe.
- Libya restarted production at Mabruk oil field and entered deepwater exploration via joint ventures with international energy companies.
- Deepening EU-Libya partnership discussed.
The entities involved
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Libya
sovereign state in North Africa
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ConocoPhillips
American oil and gas company
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Massad Boulos
Lebanese American businessman and political advisor (born 1971)
Related events
- ConocoPhillips and QatarEnergy are major oil producers with significant operational assets across global locations including Norway, Qatar, Libya, Malaysia, and through a new partnership.
- Talks are underway regarding a power-sharing deal in Libya, involving discussions on unifying military and economic bodies and securing new oil drilling rights.
- Political talks are underway to address management issues within Libya's oil sector.
- ConocoPhillips seeks US government financing while Trump seeks $100B investment in Venezuelan oil, which ExxonMobil finds uninvestable.
- Attacks on oil infrastructure in Libya and the Gulf are straining global oil supply, with data reported by the International Energy Agency.