Libya | Egypt Oil & Gas - Part 2

Libya’s Oil Recovery is in Full Swing as Production Increases to 860,000 bbl/d

After lifting its force majeure, estimates indicate that Libya's National Oil Corporation (NOC) and its companies have achieved a relative increase in oil production, with current production reaching 860,000 barre ...

Petrojet Eyes More Cooperation Opportunities with Libya’s NOC 

The Chairman and Managing Director of Petrojet Waleed Lotfy has met with the Head of Libya’s National Oil Corporation (NOC) Mustafa Sunallah and the Project and Maintenance Manager of NOC Najmi Kareem to discuss c ...

Libya’s NOC Considers Declaring Force Majeure in the Gulf of Sirte

The Chairman of the Board of Directors of Libya National Oil Company (NOC) Mustafa Sanalla stated that they are currently considering declaring the state of force majeure within 72 hours unless production and ship ...

Facing a New Wave of Shutdowns, Libya’s Oil Production Almost Halts

A political crisis in Libya has nearly halted all oil production as more ports and oil fields are shut down. OPEC member's daily production is down by 1.1 million barrels compared to 1.2 million barrels last year ...

Libya Announces Forced Closure of Brega Oil Port

The National Oil Corporation (NOC) of Libya announced that the fourth wave of closure which affects stating the force majeure on the oil port of Brega.

Libya Shuts Down Al-Sharara Field Amid Wave of Oilfield Closures

The Libyan National Oil and Gas Company (NOC) announced the force majeure on the Al-Sharara oil field.

Libya’s NOC Inaugurates Tahara Oilfield

The Chairman of Libya's state-owned National Oil Corp (NOC) Mustafa Sanalla has inaugurated the new Tahara oilfield with an initial production of 2,500 barrels per day (bbl/d).

TATNEFT Resumes Geological Exploration in Libya

With the support of the National Oil Corporation of Libya (NOC ), TATNEFT resumed geological exploration in the country, according to a press release issued by the Company.

Egypt, Libya Sign Petroleum Cooperation MoU

The MoU was signed at the conclusion of the eleventh session of the Egyptian-Libyan Joint Higher Committee headed by Mostafa Madbouly, Egypt's Prime Minister, and Abdul Hamid Dbeibeh, Prime Minister of Libya.

Libya’s NOC Achieves Record Revenues in June

Libyan National Oil Corporation announced that it has achieved net revenues exceeds $2.13 billion in June.

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