Archive | Oil & Gas

Latest Oil Tender

By John Lee. The National Oil Corporation (NOC) has advertised a new tender: Renewal of Pipeline Supporting Structures at The Gas Plant Burn Bit, Sirte Oil Company (SOC) (Source: National Oil Corporation)

US to help NOC improve its Strategic Plan

The National Oil Corporation (NOC) is launching a project to study and improve the NOC's Strategic Plan and support corporate governance in the oil sector, in collaboration with the US Department of Energy. The NOC is partnering with the US Department of Energy to carry out a comprehensive study of the NOC's medium to long-term […]

NOC acquires Yara's stake in Libyan Fertiliser Company

Norwegian fertiliser producer Yara International has entered into an agreement with Libya's National Oil Corporation (NOC) and the Libyan Investment Authority (LIA) on 31 December 2020 to divest its full ownership interest in the Libyan Norwegian Fertiliser Company (LIFECO). Yara's full legal ownership interest in LIFECO together with all economic rights and all obligations and […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: External Offshore Pipeline (OPL) Survey, GreenStream B.V. Upgrade of Let-Down Station for Local Market Gas Supply, GreenStream B.V. Construction of 20 Housing Unit Blocks (TP-209111-X), Sirte Oil Company (SOC) (Source: National Oil Corporation)

NOC signs Contract to drill 10 Water Wells

As part of sustainable development programs of the National Oil Corporation ( NOC ), sponsored and financed by Repsol Consortium, coordinated and followed-up by the committees formed by Akakos Oil Operations Company. On Thursday, December 31, 2020, at the National Oil Corporation headquarters in Tripoli, a contract was signed to drill 10 water wells in […]

Russia's Tatneft "to Resume Oil Exploration in Libya"

By John Lee. Russia's Tatneft reportedly intends to resume production and exploration in Libya. Tatarstan's President Rustam Minnikhanov is said to have told TASS news agency that the company is "studying the resumption of work in 4 exploration blocks in Libya". The National Oil Corporation (NOC) announced in December 2019 that Tatneft had already resumed […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Construction of main Administration building At Al-Hariga terminal, Tobruk, Arabian Gulf Oil Company (AGOCO) Rehabilitation and upgrading of Hamada airport, Arabian Gulf Oil Company (AGOCO) Upgrading and Tie-in new wells into the existing cathodic protection system at Nafoora, Arabian Gulf Oil Company (AGOCO) […]

Sirte Oil Doubles Production

By John Lee. Sirte Oil and Gas has said it has achieved "new and unprecedented crude oil production" which exceeded 100,000 barrels per day, compared with an average rate of 55,000 bpd prior to the oil blockade at the beginning of this year. This increase, which according to the NOC was reached in a record […]