Tag Archives | Repsol

$20m Fund to Support Communities near Oilfields

By John Lee. The National Oil Corporation (NOC) and a group of international partners made up of Repsol, OMV, Total, and Equinor, known as the ’Repsol Consortium’, have signed a 20-million USD agreement to support a series of sustainable development projects essential for residents adjacent to sites operated by NOC subsidiary Akakus. The 20-million USD […]

NOC, Repsol support Special Needs Education in Obari

The National Oil Corporation (NOC) and Spain’s Repsol have completed an educational project to help children with special needs in Obari as part of a joint approach to sustainable development initiatives. On February 27, 2019, the two companies inaugurated two jointly-funded classrooms, handing them over to the Social Solidarity Fund (SSF) in Germa. The two […]

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 […]

Sanalla discusses Investment Opportunities with leading IOCs

As part of the inaugural Libyan-European oil and gas summit held in Vienna last week, Libya’s National Oil Corporation (NOC) chairman Mustafa Sanalla met with representatives from leading oil and gas companies. He was accompanied by NOC Board member Abulgasem Shengheer, and the heads and specialists of a number of NOC affiliated companies. Individual meetings […]

New Initiative to Enhance Security in Libya’s Oil Sector

The National Oil Corporation (NOC) is implementing new measures to enhance industrial security in Libya’s oil sector, following a meeting between security directors from NOC and ten international oil companies (IOCs). Among those attending the meeting were directors of NOC industrial security departments, Zulaf Libya Company, and IOC’s including OMV, Schlumberger, Repsol, Wintershall, the Polish […]

Sharara Oilfield Resumes Production; NOC to Sue

By John Lee. The National Oil Corporation (NOC) confirmed on Monday that production at the Sharara oil field has resumed following 24-hour suspension. The stoppage caused half a million barrels of production to be lost, at an estimated cost of $30 million. Hassan Mohamed al-Hadi, a landowner in the western Zintan area, told Reuters: “I […]

Sharara Oil Field closed since Sunday

By John Lee. An armed group — believed to be Brigade 30 — forced the closure of the giant Sharara oilfield late on Sunday. Mustafa Sanalla, National Oil Corporation (NOC) chairman, said on Monday that the closure had already caused a loss of $16 million. Production at Sharara is normally in the range of 230,000-to-280,000 […]