KEY POINTS Libya’s National Oil Wells Drilling & Workover Company, NWD, has completed maintenance on 188 oil wells and drilled 21 new wells for several subsidiaries of the National Oil …
NOC
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KEY POINTS Libya’s National Oil Corporation, NOC, and Akakus Oil Operations are working on plans to increase crude oil production at the Sharara Oil Field from about 335,000 barrels per …
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KEY POINTS • Libya will increase natural gas production after the National Oil Corporation and Italy’s Eni completed an upgrade of the Bahr Essalam offshore gas field. • The project …
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In the NewsOil & Gas
Libya Retakes Full Control of Ras Lanuf Refinery After Ending Trasta Partnership
KEY POINTS Libya’s National Oil Corporation (NOC) has officially ended its partnership with Trasta Energy in the Libyan Emirates Oil Refining Company (LERCO), reclaiming full control of the strategically important …
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In the NewsOil & Gas
Libya Announces Three New Oil and Gas Discoveries with International Energy Firms
KEY POINTS National Oil Corporation, NOC, has announced three new oil and gas discoveries in partnership with major energy companies from Italy, Spain, and Algeria, according to statements released by …
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In the NewsOil & Gas
Libya’s NOC, Hungary’s MOL Group Sign MoU to Deepen Oil and Gas Cooperation
KEY POINTS Libya’s National Oil Corporation, NOC, has signed a strategic memorandum of understanding (MoU) with Hungary’s MOL Group to explore new areas of cooperation in the oil and gas …
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In the NewsOil & Gas
Libya’s Mufti Demands Full Transparency in Oil Sales, Backs Migrant Repatriation Drive
KEY POINTS Libya’s Grand Mufti, Sheikh Al Sadiq Al Gharyani, has called on the National Oil Corporation, NOC, to fully disclose how much oil the country produces each day, how …
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KEY POINTS Libya’s National Oil Corporation, NOC, has begun fresh talks with QatarEnergy as Tripoli pushes ahead with its national oil and gas bid round, hoping to draw back foreign …
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In the NewsOil & Gas
Libya Moves to Deepen Oil Exploration as Polish Firm PUNA Sets Out Fresh Drilling Plans
Libya’s National Oil Corporation, NOC, has begun a fresh review of exploration work in the Murzuq Basin, holding a detailed session with Poland’s PUNA Oil Company as the North African …
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KEY POINTS Libya’s National Oil Corporation said it is closing in on the last stage of its long-awaited public exploration bid round, marking a pivotal moment for a sector that …