When you need to know
Oil and Gas Minister Mohamed Oun has called on foreign oil companies, especially from the US, to return to Libya and help the country maintain its oil facilities to increase production.
Read more
Petrofac Limited, a British provider of oilfield services to the international oil and gas industry, stated on Friday that it had signed a 100-million-euro contract with Zallaf Libya, for the exploration and production
Read more
The Executive Director of the Russian company Tatneft, Nail Ulfatovich Maganov, revealed his administration’s intention to complete its business in Libya soon, which has faced many troubles since 2011.
Read more
The Turkish President, Recep Tayyip Erdogan, announced that Turkey is considering initiating cooperation with Azerbaijan on conducting joint drilling and exploration operations in the Libyan oil industry.
Read more
The Head of the National Oil Corporation (NOC), Mustafa Sanalla, held discussions with representatives of the Russian company Tatneft on the development of the two exploration blocks in the Ghadames and Sirte basins.
Read more
The National Oil Corporation (NOC) said on Wednesday that it had lost approximately 50,000 barrels of oil per day from its production due to an oil leak in one of crude oil pipelines.
Read more
The Libyan Oil and Gas Minister, Mohammed Oun, said Libya aims to increase production to 4 million barrels per day (bpd) in one or two years at the latest, adding in an interview with French Radio Monte Carlo that Liby
Read more
The CEO of Sonatrach Oil Group, Toufik Hakkar, confirmed Sonatrach’s readiness to develop eminent relations with its Libyan partner, in order to lay the foundations for a mutually successful economic partnership and to develop t
Read more