Tag Archives | NOC

NOC Meeting on Water Treatment

Within NOC Board of Directors’ interest in health, safety and environment of the areas adjacent to oil fields a meeting was held on Monday 15 February 2016. The Chairman of the NOC's Board of Directors, Mr. Mustafa Sanalla, and the Member of the Board of Directors, the General Manager of Exploration and Production Department Mr. […]

Libya's Oil Production Stable At 600,000 BPD

As the government works to end protests at fields and ports that have cut shipments for months, Libya's oil production has stabilized at around 600,000 barrels per day (bpd) over the last month, according to the National Oil Corp. (NOC). Striking workers, militias and political protests caused a decline in the OPEC member's oil output to […]

Libyan Oil Fields Increasing Supplies

According to Prime Minister Ali Zeidan, Libya is currently producing between 600,000 and 700,000 barrels of oil per day after striking workers, militias and political activists slowed the country's oil production to as low as 200,000 bpd during the month of September. Libya took steps toward resuming output in the western portion of the country during mid-September […]

Industry Experts to Speak at Libya Oil & Gas Forum

Leaders from the global oil and gas industry and Libya's National Oil Company are confirmed to speak at the 2nd Libya Forum taking place on September 16-18 at the Cortinthia Hotel in Tripoli. National Oil Company decision makers, Minister of Oil & Gas H.E. Abdelbari Al-Arusi and NOC Chairman Dr Nurri Berruein, will provide an overview of Libya’s rich […]

Libya regains customers after oil price stand-off

Libya is regaining its competitive edge selling crude to Europe after steeply cutting price formulas to avoid a repeat of the forced production cuts it faced in June because of a stand-off over pricing with buyers.  Demand for Libyan crude has been lackluster at best in the last few months as lifters have been complaining […]

Tags: ,

Libya Criticises Shell over Operations Suspension

Libya's National Oil Corporation (NOC) accused Royal Dutch Shell on Monday of failing to meet its commitments in Libya and said the London-listed company's decision to abandon two wells was not based on an objective assessment. Shell decided in May to suspend drilling, and abandoned exploration in two Libya blocks due to disappointing results. The NOC said […]

Tags: ,

NOC Board Member Meets Head of Industrial Administration

A member of NOC board of directors, Mustafa Sunalla, met a number of officials and specialists in the Industrial Administration on Wednesday 04/07/2012. During the meeting, a discussion of the tasks and terms of references assigned to the Administration took place. They also came across topics relevant to finding means of developing the industrial sector […]

Protest-hit Libyan oil terminals reopen: NOC

Three major oil exporting terminals in eastern Libya shut down by political protests have restarted, and production blocked by the move has resumed, the chairman of Libya's National Oil Corporation (NOC) said on Sunday. Local militia on Thursday enforced a 48-hour stoppage to protest against Saturday's election of a national assembly they complain does not […]