Tag: NoC
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Libya’s Hidden Oil Price: The Licensing Round That Could Redefine North Africa’s Energy Landscape
Introduction: A Quiet Revolution in Libyan Oil Libya is quietly positioning itself for a major shift in its oil landscape. With more than 40 companies indicating interest in the country’s first oil field licensing round since the 2011 upheaval, the National Oil Corporation (NOC) is signaling confidence that production could climb toward ambitious targets. As…
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Libya’s Oil Story: What the Licensing Round Could Mean for Global Markets
Libya’s New Chapter in Oil Expansion Libya’s National Oil Corporation (NOC) is preparing for a milestone: the country’s first oil field licensing round since the 2011 overthrow of Muammar Gaddafi. With more than 40 companies expressing interest in the program, Libya aims to restore output and attract the investment needed to reach a targeted production…
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Libya Oil Licensing Round: What’s Not Being Priced In
Libya’s Historic Licensing Round Heads Toward the Front Lines of Global Energy Libya is again at the center of the oil market’s attention. With more than 40 companies registering interest in its first oil field licensing round since the 2011 upheaval, the National Oil Corporation (NOC) is signaling that the country’s post-war redrawing of its…
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2026 Budget Aims to Reverse Oil Production Slide with $3.5B in New Investments
Overview: A clear pivot to revive oil output The government has outlined a proactive budget plan designed to halt a half-decade decline in the country’s oil production. Central to the strategy is more than US$3.5 billion in fresh investment commitments, aimed at accelerating exploration, development, and offshore drilling through the national oil company (NOC). Officials…
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Budget 2026: Gov’t Moves to Reverse Oil Slide with $3.5B in New Investments
Overview The government’s 2026 Budget signals a decisive pivot in the country’s oil strategy as officials unveil more than US$3.5 billion in new investment commitments. This push aims to arrest a near five-year slide in oil production and lay the groundwork for a renewed trajectory of stability and growth in the sector. With the national…
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2026 Budget: Reversing Oil Decline with $3.5B Investment
Overview: A Budget Aimed at Reversing a Long Oil Slide The 2026 budget marks a decisive shift in energy policy as the government earmarks more than USD 3.5 billion in new investments to halt the country’s multi-year decline in oil production. With the national oil company (NOC) positioned to kick off offshore drilling later this…
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The AI Boom Drives a Breakneck Push in Chip Networking
AI’s Demand Powers a Breakneck Race in Chip Networking The race to build faster, more energy-efficient AI data centers is reshaping the backbone of modern tech: chip networking. As artificial intelligence models grow in size and complexity, the demand for rapid, reliable data movement between processors, memory, and accelerators has never been higher. The result…