Libya’s top financial auditor has sounded alarms over a tentative deal between the state-owned National Oil Corporation (NOC) and foreign…
Browsing: Oil & Gas
The Libyan National Oil Corporation (NOC) announced Tuesday that its subsidiary Mellitah Oil and Gas Company completed re-drilling the Fourth Well in the El Feel field, with a production capacity of about 3,500 barrels of oil per day.
Libya natural gas production has decreased by 8 percent due to the progressive depletion of existing wells, according to the country’s Audit Bureau.
The National Oil Corporation (NOC), Libya’s state oil company, has announced that oil production reached 1,219 million barrels per day, to which 56 thousand barrels of condensate are added, on Sunday 17 December.
Libya’s state-owned National Oil Corporation (NOC) held a technical meeting last Monday with representatives of its Algerian counterpart, Sonatrach, to define an exploration plan to be carried out in 2024 in the Ghadames Basin, in western Libya.
Minister of Oil and Gas, Mohamed Aoun, participated on Wednesday, in the 12th Arab Energy Conference, organized by the Organization…
Chairman of the Libyan National Oil Corporation (NOC), Farhat Bengdara, unveiled the “Think Tomorrow” initiative, launched by NOC, with the aim of achieving a green and sustainable future for Libya, by adopting environmentally friendly practices such as eradicating gas flaring and waste oil lakes.
The Tripoli-based Libyan Ministry of Oil and Gas has publicly denounced the agreement signed between Egypt and South Korea for the export of Libyan oil via the Egyptian port of Garjoub. This denunciation follows an official statement on the Egyptian Ministry of Transport’s website and Facebook page.
The Libyan National Oil Corporation (NOC) is seeking to sign an agreement with a coalition of foreign companies to develop the Hamada gas field NC7 in exchange for a 40% share for those companies, according to news circulating within the oil sector.
The Libyan National Oil Corporation announced that the Spanish company Repsol will begin exploratory drilling activities in the contract area of the Murzuq Basin in early April 2024.