Archive | Oil & Gas

New Tenders from National Oil Corporation

By John Lee. The National Oil Corporation (NOC) has advertised new career opportunities in Libya: Repairs to Ras Lanuf Tank Farm, Piping and Civil Works, Harouge Oil Operations Materials for Gas Lift Compressors, Cooper-Bessemer and Ingersoll Rand, Amal field, Harouge Oil Operations Maintenance and General Services, Mellitah Oil & Gas Company B.V (Gas Division) WAN Back Up […]

NOC to raise Production at Sharara

National Oil Corporation (NOC) Chairman Mustafa Sanalla held a meeting on  Tuesday with Luis Paolo Navaz, General Manager of Repsol (Libya) and Deputy General Manager Al Mehdi Esmama. The meeting discussed plans to increase the production of Akakus Oil Company, the operator of the Al Sharara oil field whose production is currently at 200,000 barrels/day; […]

New Gas and Condensates Discovery Offshore Libya

Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya. The discovery, made through the well B1 16/3, is located 15km south west of the Bouri field and 5km north of the Bahr Essalam field. The drilling […]

NOC meets with Egyptian General Petroleum Corporation (EGPC)

Mustafa Sanalla, Chairman if the National Oil Corporation (NOC), has met with Abed Ez Erijal Al Milahi, Chief Executive Officer of the Egyptian General Petroleum Corporation (EGPC), and Salah Ismail Hamed, Chairman of the Board and the seconded member  for Petrojet — a  company  affiliated with  EGPC — on Tuesday. Also present were Majdi Jibril […]

Libyan Oil Output Recovers

By John Lee. Bloomberg reports that Libya’s crude oil production has recovered to about 660,000 bpd. The increase comes as the Sharara field resumed production. (Source: Bloomberg)

NOC warns Oil Market against Illegal Contracts

By John Lee. The National Oil Corporation (NOC) has reasserted that it is the only body authorised by the United Nations to export crude oil and oil products from Libya. The NOC confirmed that term contracts covering the entire production for 2017 for all Libyan crude grades have already been entered with 16 international oil […]

Libya’s Oil Production Down

By John Lee. Reuters cites a source at the National Oil Corporation (NOC) as saying that oil production was down by 252,000 barrels per day on Tuesday. The reductions were caused by shutdowns at Wafa (pictured) and Sharara, due to the activities of “armed factions“. (Source: Reuters)