Senior representatives of the National Oil Corporation (NOC) and the National Energy Services Reunited (NESR), an American energy firm, met in Tripoli yesterday to discuss cooperation in oil exploration and drilling, NOC said.
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Browsing: Oil & Gas
Libyan Prime Minister, Abdul Hamid Dbeibeh, has approved the construction of an oil refinery and cooking gas plant at Sharara field in Ubari town in the Southern region (Fezzan), according to Hukomatuna platform of the Government of National Unity (GNU).
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The Libyan National Oil Corporation (NOC) announced that the net revenues for the month of August for the year 2021 from sales of crude oil, gas, condensates, petroleum products and petrochemicals reached record levels, driven by a recovery in prices around the world, where the level of crude oil reached 1,836,528,515.27 dollars, followed by gas and condensates, which reached 53,034,403.37 dollars.
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Crude oil prices held steady at 78.03 on Thursday after rising above $80 a barrel this week.
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Libyan Oil Minister, Mohamed Oun, called on U.S. companies to come back to Libya to help it raise output rapidly, according to Bloomberg.
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Deputy Oil Minister Rifaat Al-Abbar has submitted his resignation to Prime Minister Abdul Hamid Dbeibeh, according to the Libyan government press office.
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Prime Minister of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, has issued a decree nullifying the decree of the Oil and Gas Minister, Mohamed Oun, to suspend the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla.
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Hariga oil port, located in the eastern city of Tobruk, will resume production after the oil ministry reached a settlement with the port workers who shut down production in protest against workplace conditions, the ministry announced in a brief statement on Wednesday.
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The National Oil Corporation (NOC) has commissioned British firm Deloitte to audit the balance sheets of Mellitah and the Arabian Gulf Oil Company (AGOCO).
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The power struggle between Oil Minister Mohamed Aoun, and Mustafa Sanalla, chairman of the National Oil Corporation (NOC), is “possibly deliberately manipulated” by Prime Minister Abdul Hamid Dbeibeh, says American reporter Jason Pack.
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