National Oil Corporation (NOC) | Egypt Oil & Gas - Part 2

Libya Pumps 1.25 MM b/d of Oil

Libya is generating 1.25 million barrels per day (b/d) of oil and plans to increase production to 1.5 million b/d in 2020, the head of the state National Oil Corporation (NOC), Mustafa Sanalla, said.

Libya’s NOC Sees 21% MoM Hike

Libya's state-run National Oil Corporation (NOC) announced that its October revenues grew by 21% month-on-month (MoM) to stand at $2.2 billion from $1.8 billion.

Libya’s Oil Production Exceeds 1mb/d

Libyan production reached over 1mb/d, increasing OPEC oil output.

Libya Warns against Unapproved Independent Sales

Libyan National Oil Corporation (NOC) informed that it had found illegal trials to sell crude oil independently without its prior approval.

Libya’s Oil Production Reaches 700,000b/d

Libya’s National Oil Corporation (NOC) announced that oil production has reached 700,000b/d, recovering from a drop earlier in March caused by fighting at two key oil ports.

Libya’s NOC Confirmed Oil Pipeline Reopened

Libya's National Oil Corporation (NOC) said that pipelines leading from the western fields of Sharara and El Feel had been reopened after a two-year blockade, paving the way for a major boost to production.

Abu Tifle Resumed Oil,Gas Output

Gas production has resumed at Libya’s eastern Abu Tifl field and 12,000b/d of oil will starting pumping by mid-November 2016, with the oil being pumped to Zuetina port.

Libya Produced 670,000b/d of Oil

Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC's work in some previously-shut oilfields.

Libya Resumed Oil Production at Waha Field

Libya restarted production from the Waha fields bringing the country’s total output to 580,000b/d.

AGOCO Boosted Oil Output to 290,000b/d

Libya‘s Arabian Gulf Oil Company (AGOCO) has increased production to 290,000b/d and hopes to reach 350,000b/d by the end of the year.

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