Libya | Egypt Oil & Gas - Part 10

Seven Countries Support Libya’s NOC

Seven countries have voiced their official support for the Libyan National Oil Corporation (NOC) in a joint statement, Reuters reported. The support for NOC comes as Libya’s legitimate authority of the country’s energ...

Libya’s Ras Lanuf Port Capacity Rise by 500,000 b

The Libyan National Oil Corporation (NOC) has added 500,000 barrels of crude oil capacity to the Ras Lanuf port, Reuters reported. This is highest capacity level the port has seen since 2016. Harouge Oil Company, a su...

Libya’s Oil Revenues Reach $14.3 B

Libya has achieved a total of $14.3 billion (LYD 20.2) in oil revenues during the first eight months of the year, as shown by the most recent data of the Central Bank of Libya (CBL), Reuters reported. Oil revenues acc...

Libya’s NOC Revenues Rise 23% in July

The Libyan National Oil Corporation (NOC) announced that its revenues rose to $2.1 billion in July, increasing by 23% compared with $1.73 billion in June, Reuters reported. Revenues rose on the back of an increase in ...

Libya’s NOC Discusses Cooperation With Pakistan

The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, met with Pakistan’s Ambassador to Libya, Sajid Iqbal, to further enhance ways of joint cooperation, especially in the oil sector, according t...

Halliburton to Resume Work in Sirte: SOC

Halliburton is set to resume activities in the oilfields of Sirte after security and stability were restored in the Libyan city, according to a statement by Sirte Oil Company (SOC). The announcement was made after SOC...

Libya’s NOC Completes Bouri Oilfield Maintenance

Libya’s National Oil Corporation (NOC) has completed repair and maintenance work on the Bouri offshore oilfield, which produces around 30,000 barrels per day (b/d) of crude oil, Reuters reported. The field is a joint ...

Libya’s NOC, Eni Complete Phase 2 in Bahr Essalam

Libya’s National Oil Corporation (NOC) and Eni announced that they had completed the second phase of the Bahr Essalam offshore gas field project, according to a company statement. Phase two of Bahr Essalam offshore pr...

Sharara Field Resumes Work at Half Capacity

Production at the Libyan Sharara oilfield has been resumed at half of its operational capacity, Reuters reported, citing a site engineer. The National Oil Corporation (NOC) recently declared a state of force majeure o...

NOC Declares Force Majeure on 290,000 b/d Oil Loadings

National Oil Corporation (NOC) has declared a state of force majeure on crude oil loadings at Zawiya port on July 20, as per an official statement. This is due to an unlawful valve closure of the Sharara pipeline betw...

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