Royal Dutch Shell is reportedly planning to develop new oil and gas fields and infrastructure in Libya to tap into the country’s vast oil and gas resources.
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Browsing: Oil & Gas
The Libyan National Oil Corporation (NOC) announced Wednesday that the net revenues for the month of October 2021 are US$ 1,907,660,046.91 from sales of crude oil, gas, condensate, petroleum products, and petrochemicals.
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Russian oil company Tatneft has completed he drilling of oil well B-2 in block 82/4 in the Ghadames basin in western Libya.
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Two agreements for solar energy production in Libya have been signed between the government of Libya and TotalEnergies SE, a French, multinational, integrated broad energy company and one of the six largest oil and gas companies in the world.
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Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, met Wednesday with the British Ambassador to Libya, Caroline Hurndall, and “briefed her on the challenges facing the oil sector in Libya, most notably the low level of production due to lack of funding and scarce budgets,” according to NOC.
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The Libyan National Oil Corporation (NOC) and Mellitah Oil and Gas Company discussed in a meeting future production plans and the budgets required for them, according to NOC.
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Two people are dead and two others are reported missing following an accident that took place on Friday afternoon in the offshore platform of the Bouri oil field, which is operated by the Mellitah Oil and Gas company, Italian news agency Nova reported.
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The Undersecretary of the Libyan Oil Ministry, Rifaat al-Abbar, confirmed that Libya aspires to achieve plans to raise oil exports above 1.4 million barrels a day during December 2021 and above 1.6 million barrels in 2022, if the appropriate conditions and environment are available, and above all the funds necessary for maintenance and development.
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The Libyan Oil Minister, Mohamed Oun, confirmed that the Ministry is the official authority supervising the oil sector and its work in accordance with laws and resolutions regulating the sector.
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The Libyan National Oil Corporation (NOC) said Member of its Board of Directors, Abul Qasim Snengir, was arrested Saturday morning at Mitiga Airport in Tripoli while returning from abroad with his family, “in an arbitrary and inappropriate manner that does not rise to the level of responsibility in dealing with a public and national figure.”
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