Archive | Oil & Gas

NOC signs Contract for Water Assembly Tanks in Jado

National Oil Corporation signs a contract for Implementing 2 projects to construct water Assembly Tanks in Jado and Al-Rajaban Within the social responsibility programs of the National Oil Corporation (NOC) and under the auspices and financing of the consortium of the Spanish company Repsol, and through coordination with the committees formed by Akakus Oil Operations […]

Libya lost 92% of Oil & Gas Revenues in 2020

From Middle East Monitor, under a creative commons licence. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Libya Business News. Official statistics have shown that Libya's oil and gas revenues decreased by 92 per cent last year, as the blockade imposed for months on oil facilities […]

Libya's GNMTC buys New Oil Tanker

By John Lee. Libya's General National Maritime Transport Company (GNMTC) has announced the acquisition of a new crude oil tanker, the Ebn Hawkel. The company said the acquisition is the start of the first phase of the renewal of its fleet, and will contribute to the company realizing its future plans. (Source: GNMTC)

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Engineering constructions of the tanks and pipelines, Akakus Oil Operations Firefighting systems, Akakus Oil Operations Sea Water Reverse Osmosis, Akakus Oil Operations Pest Control Services at Mellitah Complex, Mellitah Oil & Gas Rehabilitation & upgrading of Hamada airport NC-8 - NC-5, Arabian Gulf Oil […]

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)