Tag Archives | Poland

NOC, Polish Oil and Gas Company, Discuss Plans

By John Lee. The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, received Szymon Drzewakowski, General Manager of the Polish Oil and Gas Company (POGC) – Libya B.V. and Filip Moczydlowski Chairman of Management board accompanied with Deputy General Manager, in his office on Thursday 27th October. The meeting discussed the company’s activity in […]

PGNiG Takes Loss on Libyan Operations

The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA (“PGNiG”) announces recognition, as at December 31st 2013, of an impairment loss on PGNiG’s interest in Polish Oil and Gas Company Libya BV (“POGC Libya”), a wholly-owned subsidiary of PGNiG, and creation of a provision for the outstanding licence obligations under the Murzuq project in […]

New Gas Discovery in Murzuq Basin

The National Oil Corporation (NOC) and its operating partner, the Polish Oil and Gas Company (POGC, PGNiG) have discovered gas at contract area 113/1 in the Murzeq [Murzuq] Basin. The well is located approximately 750 km south-West of Tripoli and 150 km North West of El-Sharara Field. The initial production test result from the Carboniferous Tahara […]

PGNiG to Resume Drilling in Libya

The Polish Oil and Gas Company (POGC, PGNiG) is to resume work on its Libyan gas exploration licence, according to a report from Warsaw Business Journal. Marek Karabuła (pictured), the chief executive of PGNiG’s Libyan unit, met Libyan Minister of Oil and Gas, Dr. Abdulbari Alarusi [Al Arusi], and presented his company’s drilling plans. PGNiG has been […]

Polish Conservation Experts to Aid Libya

Libya Herald reports that conservation experts from Poland are planning to come to Libya next year to help restore Libyan monuments. An exhibition showcasing Polish achievements in conservation will also come to Tripoli in 2013; it will provide an opportunity for Libyan and Polish companies to explore future business links, create international contacts and share best […]

POGC to Lift Libyan Force Majeure Clause

The Polish Oil and Gas Company (PGNiG) has said it is close to lifting the force majeure clause on its Libyan operations. It issued the following statement this morning: Libya, a nation with an estimated 47 billion barrels of proven oil reserves has witnessed operations come to a standstill for 18 months due to the Arab […]

Embassy of Libya to be Established in Warsaw

The Department for European Affairs of Libya’s Transitional National Council’s Ministry of Foreign Affairs has notified the Polish Ministry of Foreign Affairs that the Libyan Representation in Poland will be upgraded to the rank of Embassy. “Having regard to the historic relations between Libya and Poland as well as Poland’s position supporting Libya ever since […]