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.

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 ch ...

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.

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.

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.

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.

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.

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 has said.

Libya Declares Force Majeure on Supplies, Oil Rises

Libya has declared a force majeure on significant ammounts of its supply, pushing oil prices to highs not seen since 2014.

El Molla Appoints New SSCO Head

Minister of Petroleum Tarek El Molla has appointed Akram Mohamed Ibrahim Badawy as the head of Sinai Petroleum and Mining Services Company (SSCO).

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