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, Zawya reported. A...

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. NOC attributed the increase in revenues to the im...

Libya’s Oil Production Exceeds 1mb/d

Libya’s oil production increased exceeding 1mb/d for the first time in 4 years as the National Oil Corporation (NOC) met its goal a whole month earlier than planned, reported Libyan Express. Accordingly, the Org...

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, warning potential buyers not to enter into these contracts, reported Reuters....

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, Arabian Industry reported. NOC’s Chairman, ...

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, Reut...

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, reported Ecofin Agency News. The oil will be pumped to the port of Zuetina, one of four ter...

Libya Produced 670,000b/d of Oil

The head of the media office of the Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, announced in a statement that Libya has experienced a remarkable increase in oil production hitting 670,000b/d. T...

Libya Resumed Oil Production at Waha Field

Libya restarted production from the Waha fields bringing the country’s total output to 580,000b/d, reported Libya Herald. The Waha field, operated by the Waha Oil Co, is one of the main contributors for the major Es S...

AGOCO Boosted Oil Output to 290,000b/d

In steady steps for boosting output, Libya‘s Arabian Gulf Oil Company (AGOCO) has increased production to 290,000b/d of oil and hopes to reach 350,000b/d by the end of the year, reported Africa TVC News. AGOCO, a subs...

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