Author Archive | editor2

Production Resumes at Waha Oil Company

Resuming production of Waha Oil Company after the completion of the necessary maintenance on the 32-inch Pipeline connecting the fields of Samah - Dhahra - to Es-Sider Terminal The National Oil Corporation (NOC) has announces that the Waha Oil Company has completed the necessary maintenance of the main crude oil pipeline connecting the Samah, Dhahra […]

PFG "Halts Oil Exports" at Eastern Ports

By John Lee. The Petroleum Facilities Guard (PFG) has reportedly shut down oil exports at the ports of Marsa al Hariga, Es Sider and Ras Lanuf. The PFG claims that the NOC has not paid its salaries for the past year. More here and here. (Sources: Bloomberg, OilPrice)

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Repair of spare rotor of GE gas turbine at Amal field, Harouge Oil Operations Maintenance Management and Technical Assistance Services for Mellitah Complex, Mellitah Oil & Gas Two emergency standby generators for Messla Oil Field, Arabian Gulf Oil Company (AGOCO) replacement of crude […]

New Career Opportunities in Libya

By John Lee. The following career opportunities in Libya have been recently advertised: Shelter and WASH Database Assistant, Norwegian Refugee Council (NRC) Senior Programme Associate, UNHCR - United Nations High Commissioner for Refugees Associate Child Protection Officer, UNHCR - United Nations High Commissioner for Refugees Associate Child Protection Officer, Committed To Good (CTG) Construction Specialists […]

NOC announces "Record" Revenues for December 2020

By John Lee. The National Oil Corporation (NOC) has announced that the general revenue for December 2020 of sales of crude oil, gas, condensates, petroleum products and petrochemicals have reached a record level of $1,115,210,431.95. The NOC said the funds were deposited in the National Oil Corporation's account in the Libyan Foreign Bank (LFB) "in […]

NOC signs Contract for Water Assembly Tanks in Jado

National Oil Corporation signs a contract for Implementing 2 projects to construct water Assembly Tanks in Jado and Al-Rajaban Within the social responsibility programs of the National Oil Corporation (NOC) and under the auspices and financing of the consortium of the Spanish company Repsol, and through coordination with the committees formed by Akakus Oil Operations […]

Libya lost 92% of Oil & Gas Revenues in 2020

From Middle East Monitor, under a creative commons licence. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Libya Business News. Official statistics have shown that Libya's oil and gas revenues decreased by 92 per cent last year, as the blockade imposed for months on oil facilities […]