Libya | Egypt Oil & Gas - Part 6

Libya’s Oil Production Exceeds 1 mmbbl/d

Libya’s National Oil Corporation (NOC) has announced on November 7 that its crude oil production has reached 1,036,035 million barrels per day (mmbbl/d), according to a press release.  This is a landmark production fi...

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), according to Bloomberg.  The country’s biggest oi...

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, according to a press release. The decision comes int...

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, according to Bloomberg. The last week of September witnessed ...

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, according to Reuters. A...

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, according to Reuters. A restart in Libyan exports ...

Haftar Willing to Reopen Libyan Oil Ports

Eastern Libyan commander Khalifa Haftar is set to permit the country’s oil ports to reopen after an eight-month blockade, according to a US embassy statement. The statement said, “The Libyan National Army (LNA) convey...

NOC Presents Investment Opportunities for British Companies

Libya’s National Oil Corporation (NOC) Chairman, Mustafa Sanallah, showcased the investment opportunities  that Libya can offer for UK companies to potentially pump billions of dollars in the Libyan oil and gas sector...

Libya’s NOC Oil Tanker Arrives at Port of Brega

Libya’s National Oil Corporation (NOC) has confirmed that the oil tanker, Valle Di Siviglia, has arrived at the eastern Libyan port of Brega, according to a press release. The tanker was requested by the NOC and it is...

NOC Welcomes Lifting of Oil Blockade

Libya’s National Oil Corporation (NOC) welcomed the proposals from both Libya’s internationally recognized government and General Haftar’s troops to end a seven-month oil blockade, according to Reuters. The company sa...

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