Energy Headlines Libya

Libya’s NOC declares force majeure at Zawiya refinery after it caught fire

Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]

Energy Headlines Libya

Libya: NOC announces drilling of 5 new wells with a combined output capacity of 12,000 bpd

The National Oil Corporation (NOC) announced on Wednesday the successful drilling and restarting of five new wells since the start of October, with a combined production capacity of around 12,000 barrels per day (bpd). According to the NOC, Mellitah Company has restarted well “A-28” in the Abu Attifel oil field, a move aligned with the […]

Headlines Libya Technology

Libya: NOC signs agreements to develop oil-rich cities’ digital infrastructure

The National Oil Corporation (NOC) has solidified strategic cooperation agreements with telecommunications providers Al-Madar, Libyana, and Hatif Libya, as part of the “Toward Smart Oil Cities” initiative. The primary objective of these agreements, signed on September 25, is to modernize and enhance digital infrastructure across Libya’s oil-producing regions. These agreements aim to incorporate state-of-the-art communication […]

Business Finance Headlines Libya

CBL discusses dinar recovery with Oil ministry and NOC

Libya’s Central Bank (CBL) Acting Governor, Abdul Fattah Ghaffar, held a pivotal meeting with Oil and Gas Minister Khalifa Abdul Sadiq and National Oil Corporation (NOC) Acting Chairman Masoud Suleiman. The meeting’s venue was the Central Bank headquarters in Tripoli, medias reported on September 10. The purpose of this high-level discussion was to explore strategies […]

Features Headlines Libya

Libya at the brink of an imminent power crisis due to shortage of fuel

On September 9, the General Electricity Company of Libya (GECOL) issued urgent alerts to both the Attorney General and the Chairman of the National Oil Corporation regarding a severe fuel shortage impacting power generation stations nationwide. In its letter to the Attorney General, GECOL outlined how the lack of natural gas and diesel is causing […]

Energy Features Headlines Libya

NOC declares force majeure on El Feel oil field in southwest Libya

On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]

Energy Headlines Libya

Vienna-based OMV Group to resume drilling operations in Libya in February 2024

Austrian and Vienna-headquartered integrated oil, gas and petrochemical company OMV Group will resume exploration activities in February 2024, the North African country’s state-run oil company National Oil Corporation (NOC) has announced on Monday November 6. The announcement came after both sides held a technical meeting in Tripoli Sunday at NOC headquarters. The discussions touched on […]

Energy Headlines Libya

Explosion at nitrogen unit of well in Libya kills worker, wounds another

An explosion at nitrogen unit of well A55 in the Entissar field of the Zueitina Oil Company caused Thursday the death of a worker and injuries to another, Libya’s state-run National Oil Corporation (NOC) announced, Libya Observer reports. The casualty, the NOC indicated, was a worker from the Al-Nisr Company, which is carrying out work […]

Headlines Libya

Libyan court postpones former NOC chairman’s appeal for second time

The South Tripoli Court of Appeals has once again postponed its ruling on the case of former chairman of the National Oil Corporation (NOC), Mustafa Sanalla, to September 7, reports say. Sanalla appealed in July before the judiciary his removal from the chairmanship of the NOC by Tripoli-based Prime Minister Abdulhamid Dbeibeh. He rejected Dbeibeh’s […]

Energy Headlines Libya

Tripoli-based PM Abdelhamid Dbeibeh removes NOC Chairman Mustafa Sanalla

Abdelhamid Dbeibeh, one of Libya’s rival Premiers, has sacked the Chairman of the National Oil Corporation (NOC) Mustafa Sanalla, local media Libya Update has learned. Dbeibeh’s administration, which is based in capital Tripoli, replaced Sanalla with Farhat Omar Bengdara, who served as Libya’s Central Bank Governor from 2007 to 2011, the media notes citing a […]