Browsing: Oil

A technical team from the Sirte Oil Company has managed to resume production from the C258H-6 well, which stopped since 2013 in the Zaltan field, located in the Libyan oil crescent close to the Gulf of Sidra, announced Libya’s National Oil Corporation (NOC).

Libya’s net revenue from the sale of crude oil, natural gas, condensates and petrochemicals exceeded $17 billion in the first ten months of 2023, the country’s state-owned National Oil Corporation (NOC) said in a statement on its official page on Facebook.

The National Oil Corporation (Noc), the Libyan state energy company, declared that crude oil production has reached 1,210,000 barrels per day, while condensate production has reached 52,000 barrels per day in the last 24 hours.