Archive | Oil & Gas

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Oil metering system at Tobruk Terminal, Arabian Gulf Oil Company (AGOCO) Electricity substation (10.5KV), Arabian Gulf Oil Company (AGOCO) Electricity substation (4.16KV), Arabian Gulf Oil Company (AGOCO) Instrumentation, Arabian Gulf Oil Company (AGOCO) Central NORM treatment plant, Arabian Gulf Oil Company (AGOCO) (Source: […]

Force Majeure Lifted on Sharara Loading from Zawiya Port

By John Lee. The National Oil Corporation (NOC) has lifted the force majeure on Sharara crude oil loading from Zawiya port (pictured), following the opening of a closed valve on the pipeline connecting the Sharara oilfield to the Zawiya terminal. Valve 13 was reopened on Sunday evening, July 21, 2019, at 8:20 pm. The valve […]

Atshan Gas Field to supply Obari Power Plant

The Board of Directors of the National Oil Corporation (NOC) have approved Zallaf Oil & Gas Exploration and Production Company’s plans to expedite exploration at the Atshan gas field (NC210 and NC151), with a view to supplying natural gas to the Obari power plant located some 170 kilometres away. A feasibility study to further develop […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: New workshop building, Arabian Gulf Oil Company (AGOCO) Replacing instrument system at Tobruk and Sarir refinery, Arabian Gulf Oil Company (AGOCO) Operational fueling facility tank at GC-1 Sarir field, Arabian Gulf Oil Company (AGOCO) Electrical submersible pumping units (ESP), Arabian Gulf Oil Company […]

Tripoli NOC calls for Eastern Rival to be Disbanded

By John Lee. Libya’s National Oil Corporation (NOC) has said that it welcomes Khalifa Haftar’s commitment to the legitimacy of the NOC, and its sole right to export Libyan oil in accordance with Libyan law and UN Security Council resolutions. In a statement, it said it calls for the disbandment of the parallel institution in […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Reservoir Engineering Simulation at Amal and Nafoora, Harouge Oil Operations (Source: National Oil Corporation) (Picture: Call for tender written on a folder, from Olivier Le Moal/Shutterstock)

24% Increase in Libyan Oil Revenues

By John Lee. The National Oil Corporation (NOC) has announced May income of 2.3 billion USD from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts – a monthly increase of approximately 448 million USD (+24 percent). Revenue figures were bolstered by sustained global oil prices, in […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Water treatment at Kotla, Arabian Gulf Oil Company (AGOCO) Monitoring and control of pumps at Sarir and Messla, Arabian Gulf Oil Company (AGOCO) Catering and Cleaning Services for El Feel (El Fil, Elephant) Field, Mellitah Oil & Gas Rehabilitation of Offshore Steel Platforms, Zueitina […]