Libya and Oman Firm Met to Discuss Energy Cooperation
Officials from Libya and OQ Exploration and Production held talks in Tripoli to strengthen bilateral energy partnerships.
Updated on Sept. 28, 2026 in Oil and Gas
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Libyan government officials met with leaders from the Omani firm OQ Exploration and Production to discuss ongoing energy partnerships and investment cooperation. The meeting builds upon a memorandum of understanding signed between the two parties earlier this year.
Why it matters
This engagement aims to strengthen economic ties between Libya and Oman while contributing to broader efforts to diversify the Libyan national economy. The collaboration focuses on leveraging expertise to manage strategic energy projects.
OQ Exploration and Production currently manages 14 onshore and offshore upstream assets in Oman. The scope of future joint ventures in Libya remains under investigation.
The players
Mustafa Al-Mana
Mustafa Al-Mana is a Libyan government official involved in facilitating international energy and economic partnerships.
Mahmoud bin Abdullah Al-Hashmi
Mahmoud bin Abdullah Al-Hashmi serves as the CEO of OQ Exploration and Production, the Omani energy firm.
OQ Exploration and Production
OQ Exploration and Production is a subsidiary of the Omani integrated energy company OQ that manages upstream assets.
The details
Mustafa Al-Mana and Mahmoud bin Abdullah Al-Hashmi met in Tripoli to exchange expertise regarding economic initiatives. The discussion centered on reviewing existing investment portfolios and developing frameworks for ongoing energy sector partnerships.
Timeline
A memorandum of understanding was signed in June 2026.
The Libyan government met with the OQEP CEO on September 28, 2026.
Market Landscape
This partnership follows the pattern set by the Libyan Investment Authority's national diversification roadmap to engage international energy firms. Such collaborations represent a broader push by regional actors to secure foreign capital and technical expertise to stabilize domestic output.
Average consumers should not expect immediate changes to retail energy prices or fuel availability as a result of these high-level discussions. The meeting reflects long-term structural planning rather than immediate shifts in local energy markets.
The takeaway
These high-level meetings signal an effort to bridge expertise between regional energy markets to improve operational efficiency. Strengthening such ties allows firms to share technical knowledge on managing complex upstream assets.
Further reading
For broader trends in the regional energy sector, visit the Oil and Gas section.
Source note: This article includes information reported by Libya Herald.
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