Eni, NOC kick off $8bn gas project offshore Libya
Mellitah is the origin point for the Greenstream pipeline, which carries gas from Libya to Italy, via Sicily.
Libya
NOC calls for IOCs to lift force majeure
Libya’s National Oil Corp. (NOC) has called on international oil and gas companies to resume work as it aims to boost production.
Tripoli takes Greece to task over minister who wouldn’t budge
Libya’s Tripoli-based government has recalled its ambassador to Greece, among widening political tensions.
Total, Conoco close Waha sale despite some local opposition
TotalEnergies and ConocoPhillips have bought out Hess from Libya’s Waha concession, completing a deal that has taken around a year.
Nigeria falls behind as output slips under 1mn bpd
Nigeria’s oil production has slipped below the 1 million barrel per day mark, according to new data from the upstream regulator. The decline in August has seen Nigeria fall to fourth largest producer in Africa, from first.
NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Libya reaches 1.2mn bpd, with longer-term goal ahead
Libya reached production of 1.211 million barrels per day as of August 16, a near doubling from reported volumes in July.
NOC mollifies southern leaders, Zallaf talks up relocation
National Oil Corp.’s (NOC) Zallaf Exploration and Production subsidiary is making plans to relocate its headquarters to the country’s south.
NOC restores some production, but violence is climbing
The new head of Libya’s National Oil Corp. (NOC) has overseen the relaunch of gas production at Al Faregh and new talks with Waha Oil, paving the way for more production.
Libya lifts force majeure following NOC shuffle
Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
Armed group imposes new chairman at NOC headquarters
Pandemonium has broken out at the Tripoli headquarters of National Oil Corp. (NOC) with the arrival of a new chairman, while the incumbent refuses to quit.
Sanalla under fire as NOC lifts force majeure
Libya’s National Oil Corp. (NOC) has lifted force majeure at the Brega and Zueitina terminals, allowing in a tanker.
NOC declares Gulf of Sirte force majeure, criticises oil minister
National Oil Corp. (NOC) has declared force majeure at Es Sider and Ras Lanuf, joining the Brega and Zueitina terminals.
NOC warns of Sirte closure, linked power problems
Libya’s National Oil Corp. (NOC) has warned that it may call force majeure on its Gulf of Sirte loadings within the next 72 hours.
Indonesia’s Medco in dispute with Libya NOC
Indonesia’s Medco Energi has started international arbitration at the ICC against the National Oil Company of Libya to enforce its contractual rights under an exploration and production sharing contract, as well as protect its right to benefit from its investment in Area 47 in the north African nation.
Repsol nears exploration drilling in Libya
Repsol plans to launch exploration in Libya in the third quarter, according to comments made during a recent meeting with National Oil Corp. (NOC).
Sanalla makes pitch for investment as US backs oil cash flow freeze
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
NOC declares fourth force majeure, covering Brega
Libya’s National Oil Corp. (NOC) has declared force majeure at its Brega terminal, while warning of a broader impact on the country from stoppages.
Updated: Force majeures escalate in Libya as Sharara falls
Libya’s National Oil Corp. (NOC) has declared force majeure on exports of Mellitah crude, following problems at the El Feel field, and from the port of Zueitina.
Oil gains as week opens on Libyan Disruption, Russia’s Warning
Oil climbed as supplies from Libya were interrupted and Russia warned of the potential for record prices if more nations ban its energy.
Security risks abound for MENA oil supply
The Middle East and North Africa region is at “growing risk” of oil supply disruption, a new analysis from Verisk Maplecroft has reported.
Oil climbs near $106 after jumping on doubts over peace talks
Oil extended gains in Asia after the biggest daily surge in 16 months pushed prices back above $100 a barrel as the Kremlin cast doubt on the progress of peace talks with Ukraine.
BP, Total and Conoco talk shop with Libya’s NOC
BP, TotalEnergies and ConocoPhillips executives have held talks with Libya’s National Oil Corp. (NOC) on the sidelines of the CERAWeek conference, in Houston.
Libyan pipe stoppage adds to oil price pressure
Libyan production has dipped below 1 million barrels per day following the latest pipeline stoppage by “suspicious gangs”.