OMV had held its licence under force majeure until September this year. It declared the contractual stoppage in 2014.
National Oil Corp. (NOC)
The Italian company said it would begin work immediately and expected to complete this in early 2026.
The statement from NPC said it was focused on oil and gas potential in Libya’s maritime area. The agreement also covers training.
The precise number of dead is not yet known. Local media have put the figure at 2,000 dead, but thousands are missing. The Red Crescent has said that 10,000 people are missing.
Following Oun’s comments, the GNU on June 29 claimed to have carried out a drone strike on a site used by Russian mercenaries, the Wagner Group.
Libya’s National Oil Corp. (NOC) has denied the allegations that the Sarir facility is providing fuel for Sudan’s RSF. The company is not helping out either side in Sudan, it said.
NOC said it had made “all necessary arrangements” to make up for the loss of gas during the downtime.
Libya’s National Oil Corp. (NOC) has called on international oil and gas companies to resume work as it aims to boost production.
Libya’s Tripoli-based government has recalled its ambassador to Greece, among widening political tensions.
Libya reached production of 1.211 million barrels per day as of August 16, a near doubling from reported volumes in July.
National Oil Corp.’s (NOC) Zallaf Exploration and Production subsidiary is making plans to relocate its headquarters to the country’s south.
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.
Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
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.
National Oil Corp. (NOC) has declared force majeure at Es Sider and Ras Lanuf, joining the Brega and Zueitina terminals.
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.
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.
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.
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 production has dipped below 1 million barrels per day following the latest pipeline stoppage by “suspicious gangs”.
Arabian Gulf Oil Co. (Agoco) has begun producing from the Tahara field, in the Ghadames Basin.
Sonatrach has signed a memorandum of understanding (MoU) on restarting work in Libya, which has been on hold since 2011.
Poor maintenance at export facilities has driven Libya to shut in exports from the Es Sider terminal, compounding weather-related woes.
Waha Oil has completed maintenance on a pipeline section faster than expected, returning 200,000 barrels per day of production to Libya’s output.
Saif al-Islam Gaddafi has filed his papers to run for president in Libya’s election, due on December 24.