Chair of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, confirmed the Corporation’s total dependence on the Libyan Foreign Bank (LFB) regarding sales of crude oil and imported fuels.
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Browsing: Oil & Gas
The chairman of the National Oil Corporation (NOC), Mustafa Sanallah, discussed on Tuesday with the director of the Libyan branch of the Spanish oil company Repsol, Simone Sciamanna, the need to carry out the necessary maintenance work at thefacilities of Sharara oilfield, according to a statement released by the NOC on Wednesday.
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The Libyan Minister of Oil and Gas, Mohamed Oun, presented a brief information about the Oil and Gas Sector in Libya and its various activities, in his meeting via closed circuit, with officials of the USA – Middle East Policy Council (MEPC).
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The National Oil Corporation (NOC) confirmed Wednesday that the eruption of well D34A, which occurred on July 25, 2021, in the 103D field at Zueitina Oil Company, had been brought under control with the efforts and expertise of Libyan engineers and technicians, and the concerted efforts of those affiliated to NOC, the Zueitina Company and the operating and service companies.
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Tatneft is ready to resume oil production in Libya and company’s specialists are already working on this matter locally, CEO of the Russian oil producer Nail Maganov told reporters on Tuesday.
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Mustafa Sanalla, the chairman of the National Oil Corporation (NOC), and Muhammad Bin Shatwan, the chairman of the operation committee of Mellitah Oil and Gas Company (MOG), held talks on Tuesday to discuss the financial challenges facing the NOC subsidiary due to delay in approving the state budget.
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The oil services company Schlumberger intends to drill 13 exploration wells off the coast of Libya, as part of the expansion and development of its activities that the international company is conducting in the Libyan territories, according to a press report.
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Libyan Oil Minister Mohamed Aoun participated in the 19th ministerial meeting of OPEC+, which took place virtually on Sunday, according to a statement by the oil ministry.
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Fadlallah Issa Hatita, the CEO of the Arabian Gulf Oil Company (AGOCO), has said that the company is going through a critical financial situation, which could result in halt of oil production, according to a statement released on the company’s official Facebook page.
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Mustafa Sanalla, chairman of the National Oil Corporation (NOC), spoke on Tuesday with the heads of the management committees of the NOC subsidiaries to evaluate COVID-19 measures and discuss increasing awareness campaigns of the virus.
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