Libya | Egypt Oil & Gas - Part 25

Libyan National Oil Corporation Leaders to Unify Sector

Libya’s National Oil Corporation’s (NOC) top officials have agreed on the sought after unification of its management and have put an end to the rivalry over who has the legal right to manage the oil exports of t...

Militia Group Attacks Near Libyan Oil Facilities

A militia group in Libya – the Benghazi Defense Forces – launched an attack on eastern military units in an area close to oil facilities in the country. The facilities included three oil terminals north of...

Libya Captures Key Port from ISIS

Forces fighting ISIS in Libya claim to have taken the port of Sirte as troops battle to drive militants out of their biggest stronghold outside Syria and Iraq, The Guardian reported. Militias aligned with the new Gove...

Technip Inked $500 Deal for Libyan Offshore Platform

French company Technip inked a deal worth $500m with a consortium that includes Libya’s National Oil Company (NOC) and Italy’s oil and gas major ENI to refurbish the offshore oil platform for the Bahr Essa...

Rival Libyan Factions Approves Unified Oil Structure

Rival Libyan factions have reached an outline agreement to join forces and form a single oil authority operating throughout the country, Reuters reported. The news was announced by the Foreign Minister of the UN-backe...

Libya to Resume Oil Shipment

Libya will resume oil shipments from the port of Marsa El Hariga after an agreement was reached at talks in Vienna between rival oil officials representing the east and west of the country, Reuters reported. Eastern N...

UN Blacklisted Eastern Libyan Tanker

A tanker with oil from eastern Libya returned with its cargo to the North African country after the United Nations blacklisted the shipment, amid an escalating struggle between the nation’s rival governments for contr...

Malta Bars Entry to East Libya’s Oil Tanker

Malta barred entry to a tanker containing the first oil cargo shipped by the government in eastern Libya since the country with Africa’s biggest crude reserves split into competing power centers in its east and west, ...

Libya’s NOC Says Eastern Govt Tried to Export 650,000 Barrels

Libya’s National Oil Corporation (NOC) said the country’s eastern government attempted to export 650,000 barrels of oil but that workers at the Marsa el-Hariga terminal had refused to load the shipment, Re...

Libya’s UN-Backed Unity Government Sets Up Seat of Power

The Head of a UN-brokered Libyan unity government, Fayez Serraj, and six members of the Presidential Council arrived in the capital by sea end of March to set up a temporary seat of power in a naval base despite threa...

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