Libya’s National Oil Corporation may declare force majeure on exports from the Zawya oil terminal as a result of drone attacks on the facility.
Egypt and Libya are reportedly nearing a deal to build an 800-kilometer oil pipeline connecting Tobruk with Alexandria, creating a direct route for growing Libyan crude production to reach Egyptian refineries as the war with Iran disrupts Egypt’s traditional Gulf supplies.
Repsol reported stronger first-half upstream earnings as oil and gas production climbed to its highest level in two years, supported by new production from Alaska’s Pikka development and continued progress across its global exploration and production portfolio.
Libya’s Akakus Oil Operations Company announced on Wednesday that its crude production reached a 12-year high in July, averaging 332,056 barrels per day.
As Libya works to sustain its recent production recovery, the African Energy Chamber (AEC) says Angola’s regulatory reforms offer a useful example of how policy certainty can help attract long-term upstream investment.
Eni SpA and Libya’s National Oil Corp (NOC) have started up a compression project that improves natural gas recovery in the Bahr Essalam field off the Mediterranean coast of the North African country. “The new compressors are expected to boost production by approximately 28 billion cubic feet of natural gas annually and to increase condensate […]
Libya reached its highest daily production since 2013, recording 1.44 million barrels per day (MMbpd) on Sunday, the National Oil Corp (NOC) said.
Libya’s National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country’s first licensing round in nearly two decades, Reuters reported on Monday.
Libya’s National Oil Corporation (NOC) has made new oil and gas discoveries with Eni, Repsol and Sonatrach in the country’s offshore and onshore basins, NOC announced in separate statements on Wednesday.
Libya’s National Oil Corporation (NOC) has made new oil and gas discoveries with Eni, Repsol and Sonatrach in the country’s offshore and onshore basins, NOC announced in separate statements on Wednesday.