The state-owned Libyan National Oil Corporation (NOC) announced on Friday that the country’s daily oil production has dropped by 100,000 barrels per day due to its inability to maintain oil tanks damaged by armed conflicts.
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Browsing: National Oil Corporation
Libya plans to keep oil output at 1.2 million barrels per day (bpd) in 2022, Mustafa Sanalla, the chairman of the state-owned National Oil Corporation (NOC) told a news conference on Wednesday in Tripoli.
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Libya’s National Oil Corporation (NOC) had net revenue of $21.6 billion in 2021, with $4.3 billion in net revenue during November and December, it said in a statement on Friday.
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Libyan oil output is 729,000 barrels per day, the National Oil Corporation (NOC) media office said on Thursday, down from a high of more than 1.3 million bpd last year.
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Libya expects its oil production to drop by another 200,000 barrels a day over the next week as workers try to fix a damaged pipeline.
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The National Oil Corporation (NOC) accused the Minister of Oil and Gas, Mohamed Aoun, of “infringing his powers” and “practicing a policy of misleading for the purpose of disrupting the Corporation’s work,” the NOC said in a statement on Sunday.
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Representatives of Libya’s National Oil Corporation (NOC) and the U.S. oil firm Halliburton held talks on Monday to explore ways to develop wells and a digital transformation project for the oil sector, according to NOC.
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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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Tatneft has resumed its operations in Libya after a ten-year halt, announced the National Oil Corporation (NOC) on Friday.
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Libya’s National Oil Corporation (NOC) has brought under control an oil spill at an offshore storage facility, the corporation said on Sunday.
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