Archive | Oil & Gas

Sharara Oil Field closed since Sunday

By John Lee. An armed group — believed to be Brigade 30 — forced the closure of the giant Sharara oilfield late on Sunday. Mustafa Sanalla, National Oil Corporation (NOC) chairman, said on Monday that the closure had already caused a loss of $16 million. Production at Sharara is normally in the range of 230,000-to-280,000 […]

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Replacement of two(2) water heaters at Messla oil field, Arabian Gulf Oil Company (AGOCO) Refurbishment of four (4) test separators at Messla Oil Field, Arabian Gulf Oil Company (AGOCO) Refurbishment of crude oil storage tank T-03 and water tank T-05 at GC-1, Sarir […]

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Upgrading /Revamping HVAC Systems at DP3 & DP4 Platforms, Contract Area “C” Offshore (Bouri Field), Mellitah Oil and Gas Nitrogen Gas System Upgrading Project/EPIC [email protected] Recovery Plant / A-100 ( (Abuattifel) Field “Contract Area B”, Mellitah Oil and Gas Electrical power supply to […]

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Fire Fighting Foam Network (System 52) at Contract Area “C” (Bouri Field – DP4), Mellitah Oil and Gas Trunked radio communication system, Azzawiya Oil Refining Company (ARC) External lighting in the industrial area at Messla and Majid fields – Project No-(O-72), Arabian Gulf […]

Oil Blockade “a National Tragedy”

By Jobn Lee. The National Oil Corporation (NOC) says more than 360,000 barrels per day of Libyan crude oil production has been shut in by what it describes as a “criminal militia” operating in Western Libya, at a cost to the country of $160 million in lost production. “These gangsters are not only harming the […]

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Supply of Potable Water to Company Offshore Fields, Mellitah Oil and Gas Cleaning and Inspection of fire water tanks at Amal, Harouge Oil Operations (HOO) (Source: NOC)

Govt Spent $30bn on Fuel Subsidies

The Libyan Audit Bureau has stated that Libya has spent $30 billion in the last five years on fuel subsidies. The subsidies make Libyan fuel one of the cheapest in the world and helps fuel the illegal export of fuel abroad. The Bureau suggested that the subsidies, which have reduced since 2014 due to austerity […]