Libya | Egypt Oil & Gas - Part 13
OPEC’s 2019 Oil Demand Growth Forecast Falls Again
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries, Reuters reported. The monthly report...
Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country’s crude oil output to fall once again, sources told S&P Global Platts on October 9. An increase in local...
Eni, BP and NOC Sign Deal to Resume Libyan Exploration
Eni, BP, and the National Oil Company (NOC) have signed a Letter of Intent (LOI) for an Exploration and Production Sharing Agreement (ESPA) in Libya to boost in-country exploration and development activities, Eni stat...
Libya Accepts UN Recommendations on Illegal Oil Exports
Libyan state-owned National Oil Company (NOC) has welcomed the UN Security Council’s (UNSC) recommendations regarding the illegal export of oil by authorities in the east of the country, Xinhua reported. The UNS...
Gunmen Attack Libya’s NOC HQ in Tripoli
Armed militants have reportedly attacked the headquarters of the Libyan National Oil Company (NOC) in Tripoli resulting in several casualties, a security official told Reuters. Two gunmen were killed and at least 10 s...
Halliburton Appoints New VP for Egypt, Libya
Halliburton has appointed Eng. Osama Halim the new Vice President Egypt & Libya, Egypt Oil & Gas reports. Eng. Osama Halim, whose previous position in the company was Egypt and Libya Area Manager for Managemen...
Two Libyan Oil Fields Resume Operations, Increasing Production
Libya’s oil production has increased after the Amal and As-Sarah oilfields in the east of the country resumed operations, S&P Global reported. Libya’s crude output has reached over two-month highs of roughly 1 mil... Wintershall’s Libya Production Falls to 10,000 b/d
German company Wintershall is currently producing less than 10,000 barrels per day (b/d) of crude from its Libyan operations, compared with 60,000 b/d earlier this year, according to Reuters. “We produce when we... 
