The Libya Energy and Economic Summit (LEES) 2026, to be held in Tripoli from January 24-26, will mark a new surge in US participation as US companies re-enter Libya’s oil, gas and infrastructure sectors. This year is a critical time for U.S. investment momentum, strengthened through expanded commercial plans and strategic dialogue, demonstrating renewed confidence in Libya’s oil, gas and infrastructure markets, and marking a strategic shift in the way major U.S. companies approach the region.
Key highlights of the summit will be a dedicated US-Libya Roundtable and US Pavilion, highlighting the growing institutional and corporate commitment to Libya’s energy future. Discussions will explore collaboration in exploration, field redevelopment, and energy services, and focus on areas where U.S. companies can add unique value, from advanced technology and workforce training to midstream and gas infrastructure innovation. Through these contributions, U.S. investments can accelerate technology transfer, strengthen local supply chains, and support Libya’s broader industrial development and energy transition goals. Meanwhile, the pavilion will bring together a wide range of U.S. companies, industry associations and technology service providers, providing a platform for partnerships across upstream, midstream, downstream and infrastructure development.
Reflecting a resurgence in US-related investment interest, industry leaders ConocoPhillips and SLB are set to feature prominently at LEES 2026. ConocoPhillips, a major partner of Waha Oil Company, continues to support a major redevelopment effort aimed at increasing production in one of Libya’s most strategic concessions. SLB, one of Libya’s most active technology and service providers, is deepening its collaboration with the NOC to enhance crude oil production, modernize operations, and support the country’s long-term sustainability goals. The company is deploying advanced drilling, well placement and production optimization technologies across its priority sectors, as well as expanding its footprint through new contracts, including a milestone contract to drill three wells in the Nestor and Al Waha blocks. Meanwhile, Hill International recently won a $235 million contract for the Structures A&E gas field project as part of a multi-billion dollar program to boost Libya’s natural gas production capacity.
These companies are joined by Halliburton, Baker Hughes, and ExxonMobil, all of which are deepening their engagement with Libya’s National Oil Corporation (NOC) to evaluate new commercial, technology, and exploration opportunities. ExxonMobil recently entered into a Memorandum of Understanding with NOC to conduct geological and geophysical studies covering four offshore fields in the Northwest and Sire Basins, reflecting analytical interests and a preliminary assessment of potential future partnerships. The company will also participate in Libya’s current licensing round, which covers 22 land and sea blocks.
Chevron has also re-emerged as a major topic ahead of LEES 2026. Following high-level discussions in London, the NOC confirmed that Chevron has expressed serious interest in returning to Libya after a 15-year hiatus. The talks focused on cooperation in exploration, unconventional resources and untapped reservoirs, with Libyan officials highlighting the country’s huge untapped potential for oil and gas.
Technical programming will be another major pillar of U.S. involvement. The Libyan Petroleum Engineers Association will host a technical session on January 24th to discuss enhanced oil recovery, field redevelopment, marginal field development strategies, digitalization of Libyan oil fields, etc. On January 25th and 26th, S&P Global Commodity Insights will lead specialized technical sessions covering market intelligence, production trends, resource monetization and global energy outlook related to Libya’s future plans. These sessions are designed to attract active exploration and support the NOC’s ambitious goal of 2 million barrels per day by 2030.
Institutional participation will complement private sector involvement. The U.S. Embassy scheduled to participate in LEES 2026 will help expand commercial cooperation between the two countries by promoting transparent governance and strengthening bilateral economic engagement. The American Chamber of Commerce in Libya (AmCham) is once again a strategic partner of the Summit and continues to facilitate the participation of US companies following the Washington, DC Forum, which focused on opportunities across hydrocarbons, renewable energy, and infrastructure.
“The U.S.-Libya Roundtable reflects a decisive turning point in commercial engagement,” said James Chester, CEO of Energy Capital & Power. “American companies are now investing in Libya in ways not seen in decades, facilitating technology transfer, ensuring long-term production, and helping the country realize its full energy potential.”
With exploration interest increasing, redevelopment underway, and several major U.S. companies and service providers reevaluating their market entry, the U.S.-Libya Roundtable at LEES 2026 will serve as an important platform to solidify this momentum and shape a long-term roadmap for sustainable growth in one of North Africa’s most promising energy markets. The last LEES had 18 US companies in the domestic pavilion, so momentum is expected to increase significantly next year. Together, these developments mark a strategic turning point in which U.S. companies will take a leading role in shaping Libya’s energy future by deploying capital, technology, and expertise on an unprecedented scale.
Join industry leaders at the Libya Energy & Economy Summit 2026 in Tripoli and explore investment opportunities in one of North Africa’s most dynamic energy markets. LEES 2026 provides the best platform for partnerships, innovation and sector growth. To ensure your participation, please visit www.libyasummit.com. To become a sponsor or participate as a representative, please contact sales@energycapitalpower.com.
