Libya Archives - Page 3 of 5

9th January 2021

NOC and GECOL Libya Meet to Discuss Natural Gas Supply, Alternative Source of Electricity

The Head of the National Oil Cooperation of Libya, Mustafa Sanalla, met with the Head of General Electricity Company of Libya (GECOL), Weam Al-Abdali, to discuss cooperation between both companies...

30th December 2020

Libya’s GECOL and Algeria’s SONELGAZ Sign New Electricity Cooperation Agreement

The Libyan General Electricity Company (GECOL) and the National Electricity and Gas Company of Algeria (SONELGAZ) signed an agreement to expand cooperation in the fields of production, transport, distribution of...

22nd December 2020

Libyan Sirte Oil Company Reaches Production Rate of Over 100,000 bpd

The National Oil Corporation of Libya announced that Sirte Oil Company has achieved new and unprecedented crude oil production of over 100,000 barrels per day (bpd) compared to its average...

9th December 2020

NOC Libya and KPMG Tunisia Sign Consultancy Contract

The National Oil Corporation (NOC) of Libya and KPMG Tunisia has signed a consultancy contract yesterday, 8th December 2020, for a project to develop a comprehensive system for financial and...

6th December 2020

NOC Libya and Total Discuss Rehabilitation and Restart of Mabruk Oil Field

Executive of the Libyan National Oil Company, the National Oil Corporation (NOC), and Total met to discuss the rehabilitation and restart of the Mabruk Oil Field. Both owners support the...

2nd December 2020

Sasol to Divest Interest in Gemini JV to INEOS; Eni to Resume Libyan Operations

Sasol has agreed principle terms with its partner in the Gemini high-density polyethylene joint venture, INEOS, to sell 50% of its interest for $404 million. The transaction is to close...

27th November 2020

Libya Reach Agreement on Development of Contract Area 47 in Ghadames Basin

The Chairman of the National Oil Corporation (NOC) of Libya, Mustafa Sanalla, was in a meeting for the past three days with the Chairman of the Board and Chief Executive...

23rd November 2020

NOC Libya Meets with Spanish Representatives to Discuss Oil and Gas Cooperation

The Chairman of the National Oil Company of Libya Board of Directors, Engineer Mustafa Sanalla, Member of the Board of Directors for Exploration and Production, Abulgasem Shengeer, and Manager of...

19th November 2020

Total and NOC Discusses Challenges and Investments in the Libyan Oil Sector

Oil and gas group, Total, and the National Oil Corporation (NOC) of Libya met to discuss the increasing production rates in Libya and increasing the investments of the French giants...

10th November 2020

Libya’s Oil Production Surpasses 1 Million Barrels Per Day

The National Oil Corporation of Libya has announced that the daily production of oil in the North African country has gone past a million barrels per day. The Corporation gives...