Libya | Egypt Oil & Gas - Part 8
Libya’s NOC Oil Production Drops to 123,537 bbl/d
Libya’s National Oil Corporation (NOC) announced a drop in its oil production, declining to 123,537 barrel per day (bbl/d) as of February 18, with losses exceeding $1.7 billion, according to a statement by the company...
Libya Production Drops to 204,000 BBL/D
Libya’s oil production continues to fall amid tensions in the area, according to Reuters. A source in Libya’s National Oil Corporation (NOC) said that oil production has dropped to 204,000 barrels per day (bbl/d) sinc...
Libya’s Production Drops to 284,153 BBL/D
Libya’s National Oil Company (NOC) declared that the country’s oil production has dropped significantly in the week to January 24, 2020, according to Reuters. Libya’s oil production shrank reaching 284,153... Libya’s Disruptions Not to Affect Global Oil Market
Despite having some disruptions in Libya’s oil market, the global market will not be affected, according to The Business Times. Oil prices fell on January 21 on the notion that a well-supplied global market would be a... Halting Libya’s Production Leads to Oil Price Surge
Oil prices witnessed a surge on January 20 after Libya’s El Shahara and El Feel oilfields have been shut down, leading to halting the country’s production, according to Pipeline Oil and Gas News. Libya’s n...
Libya’s Oil Production Comes to a Halt
Libya’s El Shahara and El Feel oilfields were shut down on January 19 by a group representing the southern Libyan tribesmen, according to Asharq Al-Awsat. The oilfields’ closure has led to halting Libya...
Wintershall Dea to Invest in Libya’s Sirte Basin Exploration
Libya’s National Oil Company (NOC) stated that Wintershall Dea is going to invest in exploring Libya’s Sirte basin as its oil concession in Libya is converted to an EPSA IV format, according to Oil and Gas Midd... Libya’s NOC, Total Ink New Deal
Total and Libya’s National Oil Corporation (NOC) inked a new agreement, allowing Total’s participation in the Waha concessions, located in the Sirte Basin in Libya, according to Pipeline Oil and Gas News. “Total is sa...
