Tag: NOC

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Libya to Resume Full Oil Production Soon

The oilfields in Libya, which are currently closed due to force majeure, could reopen in days. This was made known by Libya's oil minister, Mohammed Oun, following calls from Libyan...
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BP to Resume Oil and Gas Exploration Activities in Libya

BP, the UK's largest oil and gas company, has decided to resume oil and gas exploration in Libya. The decision is expected to herald in a new age of sectoral...
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Libya Hits Record-High Revenues for September amid Latest Oil Price Rally

The National Oil Corporation of Libya recorded $1.796 billion in monthly revenue from oil and related product sales in September, in a business record which is as a result of...
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Eni’s CEO Meets Libyan Prime Minister and NOC Chairman

Libyan Prime Minister Abdulhamid M. A. Dbeibah and Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, met with Eni CEO Claudio Descalzi in Tripoli on Tuesday to discuss the...
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Shell may Resume Oil Activities in Libya Soon

Shell's delegation met with Libya's state-owned National Oil Corporation earlier this week, and it appears that the corporation will resume operations in the country. Shell representatives met with Mustafa Sanalla,...
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Oil Pipeline Leak to Reduce Libya’s Output by 70,000 b/d – NOC

Libya's National Oil Corporation (NOC) announced a pipeline breach on Monday, August 9, that will reduce production at the Gallo field by up to 70,000 barrels per day as the...
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Libya’s Revenues Hit a New High in May

The National Oil Corporation (NOC) of Libya announced that net revenues from crude oil, gas, condensates, petroleum products, and petrochemicals sales for May 2021 AD reached record levels, owing to...
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NOC Libya Lifts Force Majeure on Marsa el-Hariga Terminal

In a statement on Monday, 26th April 2021, the National Oil Corporation of Libya (NOC) stated that crude loadings out of the 250,000 b/d Marsa el-Hariga terminals were set to...
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Libya Creates New Oil and Gas Ministry; Names former OPEC Governor as Head

The new Government of Unity (GNU) has appointed a new Ministry of Oil and Gas, which is to be led by Libya's former OPEC governor, Mohamed Oun. The state-owned oil...
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NOC Libya Awards Consultancy Service Contract to Saipem

The National Oil Corporation of Libya (NOC) has awarded a Consultancy Service Contract to Saipem for the development of the Benghazi Oil Technical Centre (BOTC). The specialised Technical Centre is...
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