Author Archive | editor2

Zueitina Gas Plant Closed for Maintenance

By John Lee. The National Oil Corporation (NOC) has announced that the gas plant at the port of Zueitina is closed for scheduled maintenance from October 7th to 14th. Production at the Faregh oil field will be suspended during this period, resulting in about 15,000 barrels of oil per day and about 70 million cubic […]

UNSMIL “Alarm” at attempt to Divide NOC’s Operations

UNSMIL expresses alarm at continued attempt by parallel authorities to divide Libya’s National Oil Company’s operations The United Nations Support Mission in Libya (UNSMIL) is alarmed by indications that parallel, unrecognized authorities in Libya are threatening the operation and management of Libya’s National Oil Corporation (NOC) and its subsidiary Brega. The mission reiterates that the […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Engineering study for rehabilitation of field instrumentation and control system (Tobruk and Sarir refineries), Arabian Gulf Oil Company (AGOCO) Replace transformers for CP’s and oil wells at GOSP5 & GOSP6, Nafoora field, Arabian Gulf Oil Company (AGOCO) (Source: National Oil Corporation) (Picture: Call […]

New Career Opportunities in Libya

By John Lee. The following career opportunities in Libya have been recently advertised: Risk and Compliance Coordinator, Danish Refugee Council (DRC) Supply Chain Officer, Danish Refugee Council (DRC) Human Resources Coordinator, Danish Refugee Council (DRC) Protection Officer (Legal Assistance), Danish Refugee Council (DRC) Driver, WHO – World Health Organization Admin – Finance Associate, WFP – World […]

UNHCR Update Libya (7 October 2019)

Highlights The Gathering and Departure Facility (GDF) currently hosts 907 individuals. The next evacuation from the GDF to the Emergency Transit Mechanism (ETM) in Rwanda is scheduled planned for next week. UNHCR continues to call on the international community to provide additional solutions in third safe countries for refugees stranded in Libya. On 2 October, […]

Monetization Strategies for Development of Border Oil Fields

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Monetization Strategies for Joint Development of Border Fields in MENA Region Many hydrocarbons fields and exploration blocks, with billons barrels of petroleum, straddle sovereign borders (both onshore and offshore) in the Middle […]

How Libya’s Economic Structures Enrich the Militias

By Jason Pack for the Middle East Institute. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Largely overlooked in international policymaking toward Libya’s current conflict is the role of corruption as a key driver of violence, as opposed to merely its byproduct. The high-level […]

Wintershall DEA “Considering Libya Exit”

By John Lee. German Oil and gas firm Wintershall DEA is reportedly considering exiting Libya following disagreements with the National Oil Corporation (NOC) over licences. Handelsblatt reported that the company’s Chief Executive Mario Mehren, and Hans-Ulrich Engel, CFO at BASF – which holds a 67% stake in Wintershall – have met with a senior representative […]