Archive | Oil & Gas

NOC to Withhold Oil Revenue from Central Bank

By John Lee. Libya's National Oil Corporation (NOC) has said that oil revenues will not be transferred to the Central Bank of Libya (CBL) "until the Bank has a clear transparency in front of the Libyan people regarding the mechanism of spending the oil  revenues during the last years." The move follows a public disagreement […]

PFG stops Attackers storming NOC HQ

By John Lee. Libya's National Oil Corporation (NOC) has said that its headquarters in Tripoli came under attack on Monday afternoon. The NOC praised the actions of the Petroleum Facilities Guards (PFG), which successfully prevented the armed group from gaining access to the building. (Source: NOC)

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Land Transportation Services (Material & Fuel) to Wafa Field, Mellitah Oil and Gas Wastewater Treatment Plant for Nalut General Hospital, Eni North Africa B.V. Libyan Branch Renewal of Pipeline Supporting Structures at The Gas Plant Burn Bit, Sirte Oil Company (SOC) (Source: National […]

Meeting between NOC and PFG

ASRSG Stephanie Williams attends the first meeting between NOC and the PFG commanders of eastern and western regions, hosted by Breiga's Sirte Oil Company Acting Special Representative of the Secretary-General for Libya Stephanie Williams attended a meeting on Tuesday hosted by Sirte Oil Company in Marsa Brega, bringing together the Chairman of the National Oil […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Renewal of Pipeline Supporting Structures at The Gas Plant Burn Bit, Sirte Oil Company (SOC) Rehabilitation of P.C. Desalination Plant Drainage System, Brega Area 2, Sirte Oil Company (SOC) Geological Modelling and Simulation, Arabian Gulf Oil Company (AGOCO) (Source: National Oil Corporation)

Libyan Oil Production Exceeds 1m bpd

By John Lee. The National Oil Corporation (NOC) has announced that it has increased oil production to 1,036,035 barrels a day (bpd). However, the NOC warned that it may not be able to sustain the current production levels due to what it described as "the reluctance of some entities and their hindering of NOC's efforts […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Sand Removal and Cleaning Services at Abu-Attifel Field, Mellitah Oil & Gas Telecommunications service via satellite (V-SAT), Mellitah Oil & Gas Sand Removal and Cleaning Services at Contract Area "A", Rimal Field, Mellitah Oil & Gas (Source: National Oil Corporation)

Libyan Oil Revenues for Sept and Oct

Libya's National Oil Corporation (NOC) reports that the total oil revenues for September of this year amounted to $ 116.9 million, registering a significant decline compared to the revenues for September of last year 2019, which amounted to $ 1.7 billion, as crude oil sales recorded $ 83.9 million. Only US $ 33 million of […]