NOC | Egypt Oil & Gas - Part 6

Libya’s NOC Revenues Rise 23% in July

The Libyan National Oil Corporation (NOC) announced that its revenues rose to $2.1 billion in July, increasing by 23% compared with $1.73 billion in June, Reuters reported. Revenues rose on the back of an increase in ...

Libya’s NOC Discusses Cooperation With Pakistan

The Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, met with Pakistan’s Ambassador to Libya, Sajid Iqbal, to further enhance ways of joint cooperation, especially in the oil sector, according t...

Libya’s NOC Completes Bouri Oilfield Maintenance

Libya’s National Oil Corporation (NOC) has completed repair and maintenance work on the Bouri offshore oilfield, which produces around 30,000 barrels per day (b/d) of crude oil, Reuters reported. The field is a joint ...

Libya’s NOC, Eni Complete Phase 2 in Bahr Essalam

Libya’s National Oil Corporation (NOC) and Eni announced that they had completed the second phase of the Bahr Essalam offshore gas field project, according to a company statement. Phase two of Bahr Essalam offshore pr...

Sharara Field Resumes Work at Half Capacity

Production at the Libyan Sharara oilfield has been resumed at half of its operational capacity, Reuters reported, citing a site engineer. The National Oil Corporation (NOC) recently declared a state of force majeure o...

NOC Declares Force Majeure on 290,000 b/d Oil Loadings

National Oil Corporation (NOC) has declared a state of force majeure on crude oil loadings at Zawiya port on July 20, as per an official statement. This is due to an unlawful valve closure of the Sharara pipeline betw...

Libya’s Oil Revenues Decline by 11.2%

Libya’s crude oil revenues decreased to around $10.2 billion (LYD 14.3 billion) during H1 2019, decreasing by 11.2% compared with the same period last year, Reuters reported. Oil revenues accounted for 92.8% of the Li...

Libya’s Atshan Gas Field to Supply Obari Plant: NOC

Libya’s National Oil Company (NOC) has decided to power the Obari plant with natural gas instead of crude oil, according to a company statement. “Supplying natural gas instead of crude oil would increase the eff...

Libya’s Largest Oilfield Fire Causes 30,000 b/d Loss

The Sarir oilfield, Libya’s largest oilfield with proven reserves of 4.8 billion barrels, has lost around 30,000 barrels per day (b/d) due to a power generator fire, the National Oil Company (NOC) revealed. NOC ...

Libya’s NOC Concerns about Lawlessness

Libya’s National Oil Company (NOC) has expressed its concerns about the lawlessness status in the country and its impact on the oil and gas sector, Reuters reported. The company’s worries came as a result of stealing ...

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