Libya takes umbrage at US oil comments
Libya’s newly formed Ministry of Oil and Gas has condemned statements from the US embassy for “interference” in internal affairs.
National Oil Corp. (NOC)
Gazprom plans Libya production boost following restart
Gazprom EP International has restarted production in Libya, where it works with Wintershall Dea.
Sonatrach considers Libyan return following talks
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
NOC swings into action on Tobruk diesel spill
The Tobruk power plant has leaked diesel and there are mounting fears of pollution spreading.
NOC lifts terminal force majeure as government comes through
National Oil Corp. (NOC) has lifted force majeure at Marsa al Hariga following progress from the government on paying its bills.
More Libyan production under threat
Libya’s budget crisis threatens to derail operations at Sirte Oil Co. (SOC), with the company’s leadership calling for help from parent National Oil Corp. (NOC).
NOC declares force majeure at Marsa al Hariga
The National Oil Corp. (NOC) has declared force majeure at its Marsa al Hariga terminal, as of April 19, blaming the Central Bank of Libya (CBL).
Libya’s oil sector must “hope for the best” on security
Libya has entered a “rare period of political stability” but it faces two major challenges, according to a recent Verisk Maplecroft report.
Libyan government signals budget support for NOC
Libya’s National Oil Corp. (NOC) held a meeting with the new government on March 31 to discuss the importance of funding the company.
NOC warms to CBL under new government
Libya’s National Oil Corp. (NOC) has signalled a return of faith in its sometimes fractious relationship with the Central Bank of Libya (CBL), following the appointment of a new government.
NOC scores win in long-running Ras Lanuf arbitration
Libya’s National Oil Corp. (NOC) has celebrated an arbitration win against the Libyan Emirates Oil Refining Co. (Lerco), in a case on the Ras Lanuf refinery.
Waha Oil restarts Faregh field
Waha Oil has restarted the Faregh gas field, a year after it was shut down following the January 2020 oil terminal closure.
Libya’s NOC to open London office – report
Libya’s National Oil Corp. (NOC) is in the process of opening an office in London, which will play a key role in the North African’s state production increases.
Waha Oil cuts production on pipeline work
Waha Oil Co. has cut production in order to carry out maintenance on the 32-inch pipeline connecting fields to the Es Sider terminal.
Yara sells Libyan business to NOC
Norway’s Yara has agreed to sell its entire stake in the Libyan Norwegian Fertiliser Co. (LIFECO) to the Libyan Investment Authority (LIA) and the National Oil Corp. (NOC).
Sirte Oil hits 100,000 bpd
Sirte Oil Co. (SOC) has doubled production to 100,000 barrels per day, following work to increase well productivity.
Libya talks digital transformation with KPMG, meets UK officials
National Oil Corp. (NOC) and KPMG Tunisia have reached a deal on new financial and administration systems.
Armed gang escalates NOC, CBL revenue dispute
The National Oil Corp. (NOC) and Central Bank of Libya (CBL) have fallen out over allegedly inaccurate data, while the oil company has also fended off an armed attack on its headquarters.
Total in talks on Libya work
Total has held talks with the National Oil Corp. (NOC) on increasing production and expanding in Libya, against a background where security appears to be improving.
Libya hits 1 million bpd
Libya is producing more than 1 million barrels per day, the National Oil Corp. (NOC) has announced, in a remarkable recovery.
Libya ups revenues as force majeure clears
Libya’s revenues in October roughly doubled from September, following the lifting of force majeure at two ports.
Wintershall, NOC finally complete Sarir shift
Libya has launched Sarir Oil Operations as a joint operating company to operate Contract Areas 91 and 107, previously held by Wintershall.
Libya to resume production
The National Oil Corp. (NOC) has lifted force majeure from the El Feel field, following high-level agreements on a ceasefire in Libya.
NOC lifts force majeure on Sharara
The National Oil Corp. (NOC) has lifted force majeure from the Sharara oilfield, following an agreement with the Petroleum Facilities Guard (PFG).
NOC lifts force majeure at Zueitina
The National Oil Corp. (NOC) has lifted force majeure at the port of Zueitina and the associated oilfields, operated by Zueitina Oil Co. (ZOC).