Archive | Oil & Gas

Glencore “Extends Libyan Oil Deal”

By John Lee. Reuters reports that Swiss-based commodities giant Glencore has extended a deal with the National Oil Corporation (NOC) to be the sole marketer of one third of the country’s current crude oil production. In late 2015, Glencore reached an exclusive deal with the National Oil Corporation (NOC) to take all exports of the […]

Conference on US-Libya Relations Postponed

Due to events and circumstances beyond the organizers’ and sponsors’ control, the conference on “Libya-U.S. Relations 2017: New Vision, Hope, and Opportunities,” originally scheduled for February 16, 2017 in Washington, D.C., has been postponed. As a result of Executive Order 13769 of January 27, 2017, which bans Libyan travelers from entering the United States, it […]

NOC Chairman: Oil Production to reach 2.5m bpd by 2020

By Adam Nathan. Mustafa Sanalla, the colourful chairman of Libya’s National Oil Corporation (NOC), has revealed ambitious plans to increase Libya’s oil production to 2.5 million barrels of oil a day by 2020. Sanalla, also revealed plans to expand Libya’s refining capacity to 1 million barrels of oil a day and gas production to 1.3 […]

Sanalla meets with BP

By John Lee. The chairman of the National Oil Corporation (NOC) has met with BP in London to discuss the possible resumption of operations in Libya. Mustafa Sanalla discussed the situation with Hisham Mekawai [Hesham Mekawi], the Regional CEO of BP, and Jasper Bigi [Jasper Pejis], Executive Vice President for upstream Africa region. The company […]

NOC Ends Foreign Investment Moratorium

The chairman of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, has announced plans to allow foreign oil companies to invest again in Libyan oil production: “We intend in the coming months to lift our self-imposed moratorium since 2011 on foreign investment in new projects to achieve the best national interest for the Libyan oil sector […]

GreenStream Tender for Maintenance at Mellitah

# Pre-Qual. 001/17/GSLB Maintenance Services & Running Operation Assistance for Mellitah Gas Compression Station (MGCS) PREQUALIFICATION REQUIREMENTS I.                  Conditions for participation Applications are to be submitted by single Contractors (“Applicants”) specialized in the maintenance services of gas plants and/or gas compressor stations. The Company will not accept any Applications that will not fulfill the full […]

Tender for Marine Terminal Mgt, Ops and Maintenance

The Mellitah Oil & Gas Company (Gas Division) intends to issue the tender below and wishes to invite reputable, interested and experienced contractors specialized in providing similar services for pre-qualification: TENDER NO. (ITT/001/LOG/17) Provision of Mellitah Marine Terminal Management, Operation and Maintenance Services. SCOPE OF WORK ·         The scope of work is to provide marine […]

$18.5m Lost to Pipeline Closure

By John Lee. The Chairman of the National Oil Corporation (NOC) has said that Libya has lost $18.5 million so far due to the closure of the gas pipeline supplying the Zawiya power station. The line to the 1200-MW plant has been closed in the Bir Terfas district by militias seeking the release of family […]