Libya’s NOC courts IOCs with strategic plan to revive pre-2011 oil boom

Libya’s National Oil Corp. is wooing international oil companies to its investment-thirsty energy sector with a new strategic plan now that output has stabilized, but lingering political and security woes may stymie its mandate to resurrect the country’s pre-2011 oil boom. In February, NOC announced it had hired US consultancy Kearney to help develop “a new strategic plan” and created…