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.
Browsing: Oil & Gas
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.
Dec 6 (Reuters) – Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts, Reuters reported.
Libya’s National Oil Corporation (NOC) has unveiled ambitious plans to expand the country’s oil and gas production over the next…
The Libyan National Oil Corporation (NOC) has announced exporting an inaugural shipment of 600,000 barrels of Erawin’s crude oil.
The Libyan National Oil Corporation (NOC) needs a budget of $17 billion to increase national oil output to 2 million barrels per day in three to five years, its chief Farhat Bengdara said in an interview.
The Italian multinational energy company Eni and the Libyan National Oil Corporation (NOC) discussed the exploratory programs planned for 2024.
Libyan Prime Minister Osama Hammad confirmed that the seizure of oil revenues came to stop wastage, and that oil money was placed under guard until the general budget is structured and arranged and the rights of all cities are fulfilled.
Libya’s Supreme Council for Energy Affairs, chaired by Prime Minister Abdul Hamid Dbeibeh, held a meeting on Monday to review the National Oil Corporation’s strategic plan to increase energy production and review efforts to activate the Ras Lanuf industrial complex, according to a statement by Dbeibeh’s media office.