Archive | Oil & Gas

Wintershall Crisis: NOC Chair meets German Ambassador

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met with German Ambassador to Libya Dr Christian Buck, and briefed him on recent developments surrounding Presidency Council Resolution 270. Sanalla told the ambassador he was pleased to note the Benghazi Appeals Court had ruled that Resolution 270 was not lawful, and that this […]

Spain Names New Ambassador to Libya

By John Lee. The government of Spain has appointed Francisco de Miguel as its new ambassador in Libya. The 58-year-old diplomat is currently Deputy Director-General for International Cooperation against terrorism, drugs and organized crime in the Ministry of Foreign Affairs, and was previously, assigned to Libya. He will replace José Antonio Bordallo, who has been […]

New Tenders from National Oil Corporation

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Supply, Refill, Maintenance and Certification of Industrial adn Medical Gases Cylinders, Mellitah Oil & Gas Cleaning and Preparation for Inspection of Crude Oil Wash Tank, Harouge Oil Operations (HOO) (Source: NOC)

“No Technical Obstacles” to Oil Output Targets

By John Lee. Libya’s National Oil Corporation (NOC) has said there are no technical obstacles to meeting its short-term production targets of 1.1 to 1.2 million barrels per day (bpd), but adds that output is limited by a dispute with Germany’s Wintershall. In a statement, the NOC said: “Libyan oil production exceeded 800,000 [bpd] for […]

Al-Bayda Oilfield Reopens

By John Lee. Reuters reports that Libya’s eastern Al-Bayda oil field (pictured) returned to production last week after a four-year stoppage. The news agency quotes a a spokesman for the Arabian Gulf Oil Company (AGOCO) as saying that the field is pumping 10,000 barrels per day (bpd) and exporting normally through the ports of Marsa […]

NOC Accuses Wintershall of Interference in Libyan Politics

By John Lee. Libya’s National Oil Corporation (NOC) has accused Germany’s Wintershall, a subsidiary of BASF, of trying to interfere in Libyan internal politics and to take advantage of the weakness of the state. In a statement, the NOC referred to a memorandum of understanding (MOU) signed on August 26, 2010, which extended Wintershall’s 50-year […]

German Firm looking to help AGOCO

German engineering company Ferrostaal is reported to be helping the Arabian Gulf Oil Company (AGOCO) to increasing its oil production. An AGOCO spokesman told the Libya Herald that the managing director of Ferrostaal Industrieanlagen Libya, Marc Neumann, discussed business and possible new contracts with AGOCO chairman Mohamed Ben Shatwan in Benghazi last week. Ferrostall is not […]