Tatneft has relaunched operations in Libya, starting work on an appraisal well in the Ghadames Basin.
National Oil Corp. (NOC)
Libya has established the South Refinery, intended to resolve fuel shortages and unemployment in the country’s south.
Libya’s National Oil Corp. (NOC) has officially launched a unit in the UK with the aim of improving collaboration with local companies.
Exports have resumed from a number of ports in Libya, with local protestors agreeing to end their occupation.
Libya’s National Oil Corp. (NOC) reassured Schlumberger on September 12 that there was a plan to pay down debts.
The Libyan prime minister has stepped in to smooth over the dispute at the National Oil Corp. (NOC).
Petrofac has signed an engineering, procurement, construction and commissioning contract worth more than $100 million in Libya.
Arabian Gulf Oil Co. (Agoco) is on the verge of halting operations, complaining of a shortage of cash to sustain its budgets.
Libya’s National Oil Corp. (NOC) detected a leak on a pipeline, cutting production from the Gialo field by 60,000-70,000 barrels per day.
Libya’s newly formed Ministry of Oil and Gas has condemned statements from the US embassy for “interference” in internal affairs.
Gazprom EP International has restarted production in Libya, where it works with Wintershall Dea.
Sonatrach has discussed the possibility of returning to work in Libya, at Contract Areas 065 and 96/95.
The Tobruk power plant has leaked diesel and there are mounting fears of pollution spreading.
National Oil Corp. (NOC) has lifted force majeure at Marsa al Hariga following progress from the government on paying its bills.
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).
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 has entered a “rare period of political stability” but it faces two major challenges, according to a recent Verisk Maplecroft report.
Libya’s National Oil Corp. (NOC) held a meeting with the new government on March 31 to discuss the importance of funding the company.
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.
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 has restarted the Faregh gas field, a year after it was shut down following the January 2020 oil terminal closure.
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 Co. has cut production in order to carry out maintenance on the 32-inch pipeline connecting fields to the Es Sider terminal.
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 Co. (SOC) has doubled production to 100,000 barrels per day, following work to increase well productivity.