NOC discusses with international energy companies developing oil and gas sector in Libya

13/10/2019 – The National Oil Corporation (NOC) has held a series of meetings in London to discuss the development of oil and gas sectors in Libya.

The NOC head, Mustafa Sanallah, convened a meeting with Suncor and Equinor energy companies to review the mechanisms of enhancing cooperation and activating the role of the Joint Task Force to increase the production of oilfields managed by Harouge Oil Operations company, according to the NOC Facebook page.

Equinor is associated with a production sharing agreement with the NOC and is part of the second consortium of companies in the Sharara oil field, which is operated by Akakus Oil Operations company.

Libyan Express

Sahel-Elite

Libya – Eastern Libyan oilfield al-Bayda closes due to maintenance-engineers

04/09/2019 – Libya’s eastern al-Bayda oilfield has halted work due to pipeline maintenance work, field engineers said on Wednesday.The field pumped until the closure around 7,000 barrels a day, forcing state oil firm AGOCO, part of NOC, to lower production to 270,000 bpd, the engineers said. Reporting by Ayman al-Warfalli Writing by Ulf Laessing Editing by Catherine Evans.

Reuters

Sahel-Elite

Serraj government discussing further funding for NOC to activate Libyan economy

24/08/2019 – Faiez Serraj, head of Libya’s internationally recognized Presidential Council and Government of National Accord, held an expanded meeting yesterday to discuss increased investment in the country’s oil sector.

The meeting was attended by the Ministers of Planning and Finance as well as the Governor of the Tripoli Central Bank of Libya (CBL), the Chairman of the National Oil Corporation (NOC), the head of the Audit Bureau, and the head of the Libyan Investment Authority (LIA). Continuer à lire … « Serraj government discussing further funding for NOC to activate Libyan economy »

Libya won’t restart largest field until militia leaves

2019/02/25 – Libya’s state-run National Oil Corp refused to restart the country’s biggest field after militants seized and declared it secure earlier this month. The standoff over Sharara, which can pump about 300,000 bopd, is entering its third month. NOC won’t resume production while armed groups are there, the company’s chairman Mustafa Sanalla said on Sunday. The Libyan National Army, loyal to eastern leader Khalifa Haftar, controls the field and said it’s ready to restart. Continuer à lire … « Libya won’t restart largest field until militia leaves »

Libya’s Presidential Council wants oilfields to be outside political conflicts

2019/14/02 – The Presidential Council (PC) in Libya has renewed its call for leaving oil facilities outside political conflicts in the country.

Mohammed El Sallak, the spokesman for the Head of the PC Fayez Al-Sirraj, said the oil facilities should remain under the oversight of the International-recognized National Oil Corporation (NOC) and the Petroleum Facilities Guard (PFG.) Continuer à lire … « Libya’s Presidential Council wants oilfields to be outside political conflicts »

Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says

2018/15/11 – Libya hopes to receive an exemption from possible production curbs by Opec and allies, as it works to raise its own output capacity levels to two million barrels per day by 2022, the head of the country’s state producer said. Continuer à lire … « Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says »

Russia’s game in Libya (Opinion)

2018/14/11 – The strategy of Vladimir Putin, in the difficult Libyan chessboard, has always been particularly silent. The Kremlin, after the fall of Muhammar Gaddafi, moved with caution, aware that the end of the colonel had a disastrous effect on the construction of the Russian strategy in the Mediterranean after the fall of the Soviet Union. But the West, which has made a hell out of that Libya, has not supplanted the other superpowers. After Gaddafi, another leader did not arrive, but the war exploded: civil and not. And in this quagmire, Russia has managed to transform itself into an increasingly dynamic and increasingly necessary actor. Italy knows it very well, since Giuseppe Conte [the now in Office Italian Prime Minister] went to Moscow to drag Russia to his side.

Continuer à lire … « Russia’s game in Libya (Opinion) »