As part of the commitment to corporate governance principles and the strengthening of the strategic partnership between the shareholders and the operator, the periodic meeting No. (53, 69) of the Shareholders Committee of Mabruk Oil Operations Company was held on Tuesday, June 22, 2025. This meeting covered both contract areas (70 & 87) and (12, 15 & 17), with the presence of the Chairman and members of the Shareholders Committee, the Chairman and members of the Operator’s Management Committee, several department managers, as well as the Chairman of the Oversight Committee from the National Oil Corporation.

The meeting commenced with an opening speech delivered by the Chairman of the Shareholders Committee, who welcomed the attendees and emphasized the significance of this gathering in assessing performance and anticipating the upcoming phase. He then handed over the floor to the Chairman of the Operator’s Management Committee, who presented a comprehensive technical and financial briefing. The presentation covered the approved work plan for the year 2025, including performance indicators, execution priorities, technical, and operational aspects.

Department managers were also given the opportunity to present summaries of the most prominent projects and achievements accomplished during the past period. They also highlighted the key challenges faced during execution and the efforts made to overcome them efficiently.

The visual presentation delivered during the meeting was well received by the attendees for its professional design and comprehensive analytical content, reflecting the extensive efforts exerted by various work teams. The participants commended the dedication of all staff in elevating the company’s performance and strengthening its position among oil sector companies in Libya.

In conclusion, the Management of Mabruk Oil Operations Company extends its sincere appreciation and gratitude to all employees for their continuous dedication and commitment. The company reaffirms the importance of unity and sustained efforts to achieve further success and excellence in the upcoming phase.