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01 Jul 2025

Why U.S. Drilling & Marginal Field Specialists Should Eye Libya Now

Why U.S. Drilling & Marginal Field Specialists Should Eye Libya Now

Libya’s oil sector continues to operate at stable production levels, driven by renewed efforts to optimize existing assets and attract foreign expertise, creating clear opportunities for U.S. drilling and brownfield specialists. This year’s U.S.-Africa Energy Forum (USAEF), taking place in Houston on August 6–7, 2025 will host an Invest in Libya dedicated roundtable and private meeting session designed to connect American oilfield services companies with Libyan government officials and industry stakeholders eager to revitalize and expand production.

Libya remains one of Africa’s top oil producers, with output consistently hovering around 1.37 million barrels per day despite political and security turbulence. Crucially, the country’s vast oil infrastructure includes more than 1,500 wells that require enhanced oil recovery (EOR) and improved oil recovery (IOR) techniques to maintain and boost production levels. This sizable existing asset base offers a compelling market for U.S. companies specializing in advanced drilling technologies, reservoir management and brownfield redevelopment.

Looking ahead, Libya’s National Oil Corporation plans to issue tenders in Q4 2025 for the development of brownfield and marginal fields. While brownfield redevelopment is expected to be part of an integrated tender process, there is anticipation of a separate round specifically targeting marginal fields, providing additional avenues for specialized service providers. These projects will demand expertise in well workovers, reservoir stimulation, water injection and state-of-the-art drilling services – all areas where U.S. companies have competitive advantages. These capabilities will be in focus at USAEF, where Libyan and American experts will discuss project requirements and partnership mechanisms.

For U.S. oilfield service providers focused on drilling rigs, well intervention, EOR and IOR technologies and reservoir engineering, Libya’s market represents a strategic opportunity to partner with a country actively seeking to maximize its oil output sustainably. Additionally, the country’s evolving regulatory environment and drive for more transparent tendering processes signal improving conditions for foreign direct investment.

The “Invest in Libya” roundtable and follow-up private B2B and B2G meetings at USAEF will offer U.S. firms direct access to decision-makers from the Libyan government and key local stakeholders. This platform will facilitate dialogue on tender specifics, project timelines and partnership models – crucial information for companies preparing to bid on these upcoming contracts.

As Libya positions itself for a new chapter in its oil sector development, American oilfield service companies have a timely chance to leverage their technical expertise and competitive edge in a market poised for revitalization and growth.

For tickets, sponsorship opportunities and more information, please contact sales@energycapitalpower.com or visit usafricaenergy.com. Join us in Houston to connect with the leaders shaping Africa’s energy landscape and experience the momentum that drives ECP’s events worldwide.

 

 

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