Royal Dutch Shell is reportedly planning to develop new oil and gas fields and infrastructure in Libya to tap into the country’s vast oil and gas resources.
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Browsing: Business
The Libyan National Oil Corporation (NOC) announced Wednesday that the net revenues for the month of October 2021 are US$ 1,907,660,046.91 from sales of crude oil, gas, condensate, petroleum products, and petrochemicals.
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Russian oil company Tatneft has completed he drilling of oil well B-2 in block 82/4 in the Ghadames basin in western Libya.
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Mayor of Benghazi, Saqr Bujwari, discussed on Saturday with a delegation of China Communications Construction Company (CCCC) ways for the Company to return to work in Benghazi for completing several suspended projects, according to Benghazi Municipality.
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Two agreements for solar energy production in Libya have been signed between the government of Libya and TotalEnergies SE, a French, multinational, integrated broad energy company and one of the six largest oil and gas companies in the world.
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Chairman of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, met Wednesday with the British Ambassador to Libya, Caroline Hurndall, and “briefed her on the challenges facing the oil sector in Libya, most notably the low level of production due to lack of funding and scarce budgets,” according to NOC.
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Libyan Prime Minister Abdul Hamid Dbeibeh on Wednesday accused Belgium of seeking to seize €14 billion euros ($15 billion) in Libyan assets frozen by the United Nations since 2011, AFP reported yesterday.
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The Libyan National Oil Corporation (NOC) and Mellitah Oil and Gas Company discussed in a meeting future production plans and the budgets required for them, according to NOC.
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Two people are dead and two others are reported missing following an accident that took place on Friday afternoon in the offshore platform of the Bouri oil field, which is operated by the Mellitah Oil and Gas company, Italian news agency Nova reported.
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The Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, has agreed with the Deputy Governor of the Central Bank of Egypt, Jamal Najm, to set a framework for joint cooperation.
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