Libya Oil Facilities Suffer ‘Catastrophic Losses’ After Clashes

• Tuesday, 19th June 2018
• by Editorial Team

Libya’s National Oil Company (NOC) stated that clashes at oil facilities on the country’s northeast coast have caused “catastrophic losses” after two storage tanks were destroyed, News 24 reported. Armed groups attack...

Trescorp to Develop Oil Terminal at Sohar

• Tuesday, 26th September 2017
• by Editorial Team

Trescorp signed a $600 million contract with Oman’s Sohar Port and Free Zone for the development of an oil terminal at the port, Times of Oman reports. Construction is set to begin next year. The terminal will include...

Libya Starts Repair at Es Sider Oil Port

• Tuesday, 9th August 2016
• by Egypt Oil & Gas

Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves, reported Bloomberg. The repair work is...