Tag Archives | National Oil Corporation (NOC)

NOC “will not Reopen Sharara if Ransom is Paid”

National Oil Corporation (NOC) chairman, Mustafa Sanalla has said any attempt to pay off the armed militia occupying the Sharara oil field would set a dangerous precedent that imperils Libya’s recovery, and the funds would be better spent investing in communities and providing basic services to the most vulnerable. In a letter to the chairman […]

Plan to Deliver Fuel and Fight Smuggling in the South

As a result of continuous monitoring of the fuel supply issue by the National Oil Corporation, Brega Petroleum Marketing Company (BPMC) announces the completion of preparations to send a truck convoy carrying around 3.8 million litres of vehicle fuel, 1.2 million litres of diesel, and 80 tons of liquefied gas (cooking gas) from the Misurata […]

Zintan Health, Water and Waste Mgt Projects

NOC and UNDP oversee Zintan health, water and waste management projects Senior figures from National Oil Corporation (NOC), Spanish partner Repsol, and the United Nations Development Program (UNDP) visited Zintan on 15 December, 2018, to review the successful implementation of recently funded social impact projects. Members of the Municipal Council expressed their gratitude and appreciation […]

New Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Major Overhaul For GT-2 Gas Turbine At Amal Field, Harouge Oil Operations (HOO) Construction Services in Al-Jurf offshore oil field, Mabruk Oil Operations (MOO) (Source: National Oil Corporation) (Picture: Call for tender written on a folder, from Olivier Le Moal/Shutterstock)

Force Majeure at Libya’s Largest Field

The National Oil Corporation (NOC) declared a state of force majeure at the Akakus-operated Sharara oil field as of Sunday, December 9, 2018. NOC prioritizes the safety of staff and is currently reviewing evacuation procedures following threats to their wellbeing, and the forced shutdown of the oilfield by the armed militia claiming attachment to the […]

UK praises NOC’s role in Preserving Libyan Livelihoods

National Oil Corporation (NOC) chairman Mustafa Sanalla received His Excellency United Kingdom Ambassador to Libya, Mr Frank Baker, on November 26, 2018, at NOC headquarters in Tripoli. Ambassador Baker stressed the importance of international community and Libyan institutional support for NOC as the country’s primary source of income, praising the corporation and its board for […]

UK “Leads the Way” as Libya Re-Opens for Business

By Frank Baker, UK Ambassador to Libya. “The meetings in Aberdeen, in May, and this week in Tunis, have shown that the UK is a key partner for Libya in boosting oil production,” Mustafa Sanalla, Chairman of the National Oil Corporation (NOC), said at the recent trade mission hosted in Tunis by the Libyan British […]

Libya breaks 2018 Monthly Oil Revenue Record

The National Oil Corporation (NOC) declares that October income from sales of crude oil and derived products, in addition to taxes and royalties received from concession contracts, was 2.87 billion USD – the highest year-to-date monthly total of 2018. This represents an increase of 1.21 billion USD (+73%) from the September figure. 2018 total projected […]