NOC | Egypt Oil & Gas - Part 7
Libya Hydrocarbon Revenues Fall $455M in August
Libya’s oil and gas revenues have fallen to roughly $1.57 billion in August, a $445 million drop off from the previous month, the Libyan National Oil Company (NOC) announced on October 26, Reuters reported. The compan...
Libyan NOC to Support Petro Air
The Libyan National Oil Company (NOC) will provide all support to Libyan charter airline Petro Air by prioritizing its use in the NOC’s activities and services to ensure its air transportation market share, NOC chairm...
Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country’s crude oil output to fall once again, sources told S&P Global Platts on October 9. An increase in local...
Eni, BP and NOC Sign Deal to Resume Libyan Exploration
Eni, BP, and the National Oil Company (NOC) have signed a Letter of Intent (LOI) for an Exploration and Production Sharing Agreement (ESPA) in Libya to boost in-country exploration and development activities, Eni stat...
Libya Accepts UN Recommendations on Illegal Oil Exports
Libyan state-owned National Oil Company (NOC) has welcomed the UN Security Council’s (UNSC) recommendations regarding the illegal export of oil by authorities in the east of the country, Xinhua reported. The UNS...
Gunmen Attack Libya’s NOC HQ in Tripoli
Armed militants have reportedly attacked the headquarters of the Libyan National Oil Company (NOC) in Tripoli resulting in several casualties, a security official told Reuters. Two gunmen were killed and at least 10 s...
Two Libyan Oil Fields Resume Operations, Increasing Production
Libya’s oil production has increased after the Amal and As-Sarah oilfields in the east of the country resumed operations, S&P Global reported. Libya’s crude output has reached over two-month highs of roughly 1 mil...
El Molla: NOCs to Pay All Debts to IOCs by End of 2019
Egypt’s national oil companies (NOCs) will pay all debts owed to international partners before the end of 2019, oil minister Tarek El Molla announced, Egypt Oil & Gas reports. The minister also said that debts owe...
