Tag Archives | National Oil Corporation (NOC)

Russia’s Rosneft signs Oil Deal with NOC

Libya’s National Oil Corporation (NOC) and Rosneft of Russia have signed a Cooperation Framework Agreement that lays the groundwork for investment by Rosneft in Libya’s oil sector. The agreement was signed in London by NOC chairman Mustafa Sanalla and Rosneft chairman Igor Sechin at the margins of London’s International Petroleum Week, a gathering that brings […]

New Tenders from National Oil Corporation

By John Lee. The National Oil Corporation (NOC) has advertised new career opportunities in Libya: Fog/jet fixed monitors (tender extension), Brega Petroleum Marketing Company (BPMC) Twin-agent firefighting units (tender extension), Brega Petroleum Marketing Company (BPMC) Electric motorized valves (tender extension), Brega Petroleum Marketing Company (BPMC) Engineering Services for Sarir/Messla/Majad Electrical Network (K-47), Arabian Gulf Oil Company (AGOCO) […]

European Council Conclusions on Libya

EU Foreign Affairs Council, 6 February 2017: 1. Efforts to stabilise Libya are now more important than ever, and the EU will do its utmost to contribute to that objective. The EU remains committed to an inclusive political settlement under the framework of the Libyan Political Agreement (LPA), and to supporting the Presidency Council (PC) […]

New Tenders from National Oil Corporation

By John Lee. The National Oil Corporation (NOC) has advertised new career opportunities in Libya: Health care provision (Insurance) and Comprehensive Health Services, Mabruk Oil Operations Workover Rig for Abu-Attifel Field and Rimal Fields, Mellitah Oil & Gas Company (Oil Division) Water pumps used in firefighting systems, Brega Petroleum Marketing Company (BPMC) (Source: UN)

OMV Restarts Production; Increases Stakes in Libyan Fields

Austria’s OMV has announced that, as a result of the improvement in the political and security situation in Libya, it has successfully started up production at both the Sirte and Sharara oil fields. The Sharara fields are located in the Murzuq basin. In Q4/2016 OMV’s production from Libya amounted to approximately 3,000 bbl/d. OMV also […]

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 […]