Libya | Egypt Oil & Gas - Part 5

UK Envoy Discusses Prospects of Oil Investments with Libya’s NOC

The United Kingdom Ambassador to Libya, Nicholas Hopton, praised Mustafa Sanalla, the Chairman of the Board of directors, in achieving production rates and paving oil operations. This came during the meeting at Li ...

NOC, ENI Discuss Resuming Suspended Projects

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met the CEO of ENI, Claudio Descalzi to discuss resuming the important projects which are suspended because of the lack of financial budgets ...

Libya Seeks to Expand Oil Ties with Spain

Libya’s National Oil Company (NOC) is seeking to bolster oil-trade ties with Spain by enticing Spanish companies to return back to Libya.

Libya’s Oil Production Exceeds 1.2 mmbbl/d

 Libyan oil production has now reached a new high after the country recorded 1.215 million barrels per day (bbl/d), as the OPEC member’s oil industry recovers faster than expected.

Libya’s Oil Production Exceeds 1 mmbbl/d

Libya’s National Oil Corporation (NOC) has announced on November 7 that the crude oil production has reached 1,036,035 mmbbl/d.

Libya’s Production Increases to 500,000 BBL/D 

Libya’s daily oil production continues to see a meteoric rise since the resumption of operations, with oil production rising to 500,000 barrels of oil per day (bbl/d).

Libya’s NOC Lifts Force Majeure at Sharara Oilfield

Libya’s National Oil Company (NOC) has announced that the force majeure at Sharara oilfield has been lifted with immediate effect and that production has restarted.

Libya’s Oil Output Rises to 295,000 bbl/d

Libya, Africa’s largest oil-producing nation, has ramped up oil production to 295,000 barrels of oil per day (bbl/d) following the lifting of the blockade.

OPEC’s September Output Rises for Third Consecutive Month

The Organization of the Petroleum Exporting Countries (OPEC) has seen output rise for the third consecutive month after the resumption of Libyan oil production and higher Iranian export levels.

OPEC Monitoring Libyan Output Closely

The Organization for Petroleum Exporting Countries and its allies (OPEC+) are closely watching attempts to resume oil output in Libya and are assessing the situation.

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