Archive | Oil & Gas

NOC looks fwd to Investment from UK Energy Firms

By John Lee. On 4th February the Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, received the United Kingdom Ambassador to Libya, Nicholas Hopton, and his delegation at the NOC headquarters in Tripoli. According to a statement from the NOC, a number of topics were discussed, most notably the need to maintain the independence […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Diesel engine, alternator, generator control panel, Harouge Oil Operations Construction of the extension of the existing core samples store at Ghanfooda- Project No: O-61, Arabian Gulf Oil Company (AGOCO) Integrated Geological Modelling and Reservoir Simulation Study of Magid [Majid] Field, Arabian Gulf Oil […]

NOC to open Hub in London

London hub to play central role in Libya's oil expansion The Times reports that Libya's National Oil Corporation (NOC) is to open a hub in London in March or April, that it says will award major consultancy and asset management contracts over the coming years to British companies. Click here to read the full story […]

Oil Production Resumes at Faregh Field

By John Lee. The National Oil Corporation (NOC) announced the restart of production at Waha Oil Company (WOC)'s Faregh field on Thursday, nearly a year after it was shut down due to the closure of oil terminals in January 2020. After lifting the force majeure in September 2020, Waha began what it describes as difficult […]

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 […]

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 […]