Archive | Oil & Gas

Libyan Oil Revenues Fall Year-on-Year

23% gain in revenues in December from November; total 2019 revenues 8.4% down on 2018 The National Oil Corporation (NOC) reported December 2019 revenues of approximately 2.2 billion USD ($2,186,488,241.19), an increase of around 405 million USD (23%) on November 2019, mostly due to an increase in the oil price of around 5.42 USD per […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Logistics Marine supply base services in Malta, ENI Replace MCC & generator protection & control panels of gas turbines GT1/GT2/GT3/GT4 Messla field, Arabian Gulf Oil Company (AGOCO) HVAC system for replacement of existing system at AGOCO offices in Benghazi, Arabian Gulf Oil Company […]

NOC declares Force Majeure after LNA Blockades Exports

NOC declares force majeure after LNA blockades oil exports from Brega, Ras Lanuf, Hariga, Zueitina and Sidra ports The LNA General Command and the Petroleum Facilities Guard of the Central and Eastern Regions  have instructed the managements of Sirte Oil Company, Harouge Oil Operations, Waha Oil Company, Zueitina Oil Company and Arab Gulf Oil Company […]

NOC Condemns Calls to Blockade Oil Facilities

The board of directors of the National Oil Corporation (NOC) strongly condemns calls to blockade oil ports ahead of the Berlin Conference on Sunday. NOC Chairman Mustafa Sanalla said: “The oil and gas sector is the lifeblood of the Libyan economy and the single source of income for the Libyan people. The oil and the […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Upgrading of firefighting system of Alhani Depot, Brega Petroleum Marketing Company (BPMC) (Source: National Oil Corporation)

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Replacement of trunk line “ CR-0009-10” between satellite 13 and GOSP NC8 Hamada field, Project No-79, Arabian Gulf Oil Company (AGOCO) Provision of Drilling and Completion Ancillary Services, Mellitah Oil and Gas (Source: National Oil Corporation)

AGOCO increases Capacity at Nafoura and Hamada

By John Lee. Engineers from the Arabian Gulf Oil Company (AGOCO) have increased production capacity at the Nafoura oilfield by 5925 barrels per day, following the successful tie-in of well Y3 to production facilities at the field on Sunday, December 22, 2019. AGOCO also resumed production from wells Z1 and Z4 at the Hamada oil […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Replacement of two (2) fire watertanks, T-603A & B at Sarir Refinery, Arabian Gulf Oil Company (AGOCO) Construction of a new well head workshop at Nafoora oil field- Project No: P-62, Arabian Gulf Oil Company (AGOCO) Supply and installation of new HVAC system […]