Browsing: Oil & Gas

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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The Ras Lanuf Oil and Gas Company has resumed production in the Polyethylene Plant after a year and half of closure, announced the National Oil Corporation (NOC) on Tuesday.

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Oil Minister Mohamed Aoun told British ambassador Nicholas Hopton on Monday that his ministry is the political face front for any cooperation with British oil companies, according to a statement by the oil ministry. The minister added that the National Oil Corporation (NOC) and its subsidiaries are concerned with the technical aspect of running the ministry’s activities.

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Oil Minister Mohamed Aoun and officials of the National Oil Corporation (NOC) inspected the work progress of the Sirte Oil Company, during their visit to the Marsa Brega oilfields on Sunday.

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The Libyan Minister of Oil and Gas, Mohamed Oun, expressed his hope that by the end of this year, Libya’s oil production would reach between 1.4 and 1.5 million barrels per day.

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Refaat Mohammed Alabbar, Libya’s Deputy Oil Minister, was in the U.A.E on Thursday, where he met a number of Emirati official to discuss bilateral cooperation.

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