Browsing: Business

A leak in the 30-inch pipeline connecting the Jalu to Waha oilfield in central Libya has forced the National Oil Corporation (NOC)  to reduce oil production in that field, the state-owned oil company announced on Tuesday.

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Turkish President, Recep Erdogan, demanded the Prime Minister of the of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, who is visiting Istanbul these days, to pay an amount of 5 billion dinars ($3.8 billion), as “debts owed from previous years, according to press sources.
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Mustafa Sanalla, chairman of the National Oil Corporation (NOC), held talks last Thursday with Khaled Al-Konsel, general manager of the Libyan Foreign Bank, to review joint cooperation between the two state-owned institutions, according to a statement by the NOC.

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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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