Browsing: Oil

The National Oil Corporation (NOC), Libya’s state oil company, has announced that oil production reached 1,219 million barrels per day, to which 56 thousand barrels of condensate are added, on Sunday 17 December.

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.