Tag Archives | National Oil Corporation (NOC)

Eni Denies Claims it’s Downscaling Libyan Production

Italian oil giant Eni has denied reports that it is scaling down operations in Libya due to ongoing concerns about the political and security environment, reports Libya Herald. Unnamed sources at the National Oil Corporation (NOC) have recently been cited in certain Arabic-language papers claiming that Eni was moving part of its investments from Libya […]

NOC Expects to Reach Crude Target by Feb

The chairman of Libya’s state-run National Oil Corporation (NOC) has told Bloomberg that crude oil output will increase to a target of 1.7 million barrels a day by February. Nuri Berruien [Nuri Balrwin] (pictured) said the country currently pumps 1.55 million to 1.57 million barrels a day. “The situation on the market caused production disruption, […]

NOC Refuses to Confirm or Deny Refinery Restart

According to the Libya Herald, the National Oil Corporation (NOC) is refusing to confirm or deny reports that the Ras Lanuf oil refinery will resume operations by 28th August. “I cannot confirm or deny anything because I have no information about this”, a NOC spokesman told the Libya Herald. Repeated announcements have been made regarding […]

Libya’s Largest Refinery to Restart by 28th August

A trading manager at Libya’s National Oil Corporation (NOC) has told Reuters that the country’s largest refinery, Ras Lanuf [Ra’s Lanuf], will restart production by 28th August. The prolonged closure of the plant caused shortages of jet fuel and naphtha, among other products, in the Mediterranean area, while freeing up additional volumes of light sweet […]

Akakus Oil Pre-Qual for Pipe Cleaning

Akakus Oil Operations (Formerly Repsol Oil Operations), a Libyan oil company with head offices in Tripoli, is seeking companies/contractors with expertise in chemical cleaning and lining of internal steel surfaces of cooling and fire water lines and/or other piping systems: At present, Akakus Oil Operations need to Pre – Qualify Local and Foreign Companies / […]

TPOC Invites Pre-Qual for Seismic Data at Murquz

The Turkish Petroleum Overseas Company (TPOC) Libya Branch intends to issue the below tender and wishes to invite for pre-qualification interested, experienced and reputable companies to be included on the bidders list: 2D & 3D SEISMIC DATA ACQUISITION TENDER IN AREA 147/3-4, MURZUQ BASIN Contractors must be registered and must operate in Libya. Bidders must […]

Libya Cuts August Crude Oil Prices

Libya’s state-run National Oil Corporation (NOC) has reduced the official August selling price of its benchmark Es Sider crude to the lowest level in almost three years, reports Bloomberg. The price of the blend was cut by $1.60 a barrel to a discount of $1.30 to North Sea Dated Brent, the lowest since at least […]

New Oil Pipeline from Anafura to Amal

The s National Oil Corporation (NOC) and the Arabian Gulf Company for Oil have entered an agreement with Wintershall (Libya) to build a crude oil pipeline from the Anafura field (affiliated with the Arabian Gulf Company) to the Amal field (affiliated with the Harouge Oil Operations Company). The 24-inch pipeline will be approximately 55 km […]