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Wednesday, September 2, 2026 6:8 GMT

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Libya Oil Firm Reports Well Maintaining & Drilling in 2026


The National Drilling and Well Maintenance Company has maintained 188 oil wells and drilled 21 others for the National Oil Corporation (NOC) subsidiaries this year, the NOC says.

The company has also established a drilling engineering department and expanded work on integrated drilling projects as part of efforts to develop its technical capacity.

The NOC said the company was facing mounting unpaid debts from clients, affecting its ability to buy spare parts and carry out maintenance and upgrades.

The company called on the NOC to help recover outstanding payments from operating companies.

The NOC stressed that greater priority should be given to the drilling and well-maintenance company in work commissioned by its subsidiaries, to help maintain its fleet and support production.


published:25/08/2026 04:56 GMT

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