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 ...
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 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 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...
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...
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 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 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...
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 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 ...