Archive | Oil & Gas

Increased Oil Production at Wafa Field

By John Lee. As part of the National Oil Corporation (NOC)’s plan to increase crude oil and natural gas production capacity and rates, Mellitah Oil and Gas Company (MOG) tied in a new well A-57 in its Wafa field into production on Tuesday, November 5, 2019. A-57 has a production capacity of 15 million cubic […]

AGOCO increases Nafoura field production capacity

By John Lee. Within the framework of the National Oil Corporation (NOC)‘s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has conducted a stimulation of well Y-01 in the Nafoura non unit field where AGOCO is sole […]

Faregh Phase II Commissioning Boosts Production Capacity

By John Lee. The National Oil Corporation (NOC) has announced the completion of commissioning of the Faregh field Phase II by Waha Oil Company (WOC). On Friday, November 8, 2019, final performance tests were successfully completed. The operation of the plant’s systems – including its surface equipment, pipelines system, gas compressors, gas filtration and drying […]

October Oil/Gas Revenues up 21%

By John Lee. Libya’s National Oil Corporation (NOC) reported October 2019 revenues of approximately 2.2 billion USD, an increase of 381 million USD (21%) compared to September 2019 revenues. NOC’s revenues come from sales of crude oil, hydrocarbon liquids and oil and petrochemical derivative products, in addition to taxes and royalties received from concession contracts. […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: External Corrosion Management Services and Painting at Sabratha Platform, Mellitah Oil & Gas Asphalted road, Nafusah Oil operations Inspection and Evaluation the Fixed Fire and Gas Detection and Protection Systems, Mellitah Oil & Gas (Source: National Oil Corporation) (Picture: Call for tender written […]

NOC launches Electrification Project in Ajdabiya

The National Oil Corporation (NOC) launched a community electrification and grid decongestion project in Ajdabiya municipality, as part of the Corporation’s efforts to support and strengthen public infrastructure, sustainable development and energy security in the area. NOC’s Sustainable Development department is set to complete a series of works, valued at over 1 million dinars, including […]

Plastics Plant Reopens in Ras Lanuf

By John Lee. The polythene factory at Ras Lanuf has reportedly reopened, having been shut down for more than eight years “because of poor security“. According to Reuters, the plant, with an initial capacity of 80,000 tonnes a year, is operated by Ras Lanuf Oil and Gas Processing Company (RASCO), a subsidiary of the National […]

NOC begins Water Injection Projects in Wahat Fields

The National Oil Corporation’s General Department of Safety, Environment, Security and Sustainable Development has rolled out a detailed action programme of environmental remediation programmes in Wahat, in coordination with NOC subsidiaries, including projects to treat water produced in association with oil. The projects are to be completed by 2020 and follow a comprehensive environmental study […]