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Libya signs deals with TotalEnergies, ConocoPhillips to boost oil output – The North Africa Post

Libya has signed new energy deals with France’s TotalEnergies and US oil major ConocoPhillips aimed at sharply increasing crude production and modernizing aging infrastructure, in a move that could put the North African country on track to challenge Nigeria as Africa’s top oil producer. The agreements were signed through Waha Oil Company, a subsidiary of […]
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Libya, the holder of Africa's largest proven oil reserves, announced on Saturday 24 January that it had signed a contract of more than $20 billion with the French energy groups TotalEnergies and the American ConocoPhillips. A contract that illustrates the Libyan ambitions to return to the oil market, after years of paralysis due to the political situation.

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North Africa Post broke the news in Rabat, Morocco on Monday, January 26, 2026.
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