Audit Bureau Annual Report 2024 published – reveals decline in oil revenues for the year
Jan 1 Sami Zaptia

Audit Bureau Annual Report 2024 published – reveals decline in oil revenues for the year

The Audit Bureau's Annual Report for 2024, issued yesterday, revealed a decline in total oil revenues recorded in the books during 2024 by approximate...

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Akakus Oil Operations exceeds production target, achieving over 325,000 barrels per day
Dec 31 Sami Zaptia

Akakus Oil Operations exceeds production target, achieving over 325,000 barrels per day

Akakus Oil Operations announced today that it has succeeded in exceeding its production target of 320,000 barrels per day, having reached approximatel...

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HoR summons Governor of Central Bank of Libya, his Deputy, and its Board of Directors to discuss liquidity crisis and the state's financial affairs
Dec 31 Sami Zaptia

HoR summons Governor of Central Bank of Libya, his Deputy, and its Board of Directors to discuss liquidity crisis and the state's financial affairs

With the dollar exchange rate hitting LD 8.81 on the black-market in Tripoli today, Libya’s Parliament, the House of Representatives (HoR), voted by a...

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Waha Oil Company successfully completes drilling, testing, and commissioning of new gas wells BB19 and BB20 producing 26 million cubic feet of gas
Dec 28 Sami Zaptia

Waha Oil Company successfully completes drilling, testing, and commissioning of new gas wells BB19 and BB20 producing 26 million cubic feet of gas

Waha Oil Company announced today that it had successfully completed the drilling, testing, and commissioning of gas wells BB19 and BB20 in the Faragh...

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Waha Oil Company brings three new oil wells online with a production of 5,000 bpd - operations carried out entirely by Libyan personnel
Dec 18 Sami Zaptia

Waha Oil Company brings three new oil wells online with a production of 5,000 bpd - operations carried out entirely by Libyan personnel

Waha Oil Company announced yesterday the successful launch of three new oil wells as part of the Waha Field Development Programme. The company said th...

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Akakus Oil successfully drills and commissions well A-46 with a production capacity of 3,750 barrels per day
Dec 16 Sami Zaptia

Akakus Oil successfully drills and commissions well A-46 with a production capacity of 3,750 barrels per day

Libya’s state National Oil Corporation (NOC) reported today that Akakus Oil Operations successfully drilled and commissioned well A-46 with a producti...

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Austria’s OMV prepares to lift force majeure and resume its exploration commitments in Libya
Dec 12 Sami Zaptia

Austria’s OMV prepares to lift force majeure and resume its exploration commitments in Libya

Austria’s OMV prepares to lift force majeure and resume its exploration commitments in Libya The National Oil Corporation’s (NOC) Exploration Departm...

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Akakus Oil Operations complete drilling and commissioning of injection well which contributes to restarting several shut down wells
Dec 7 Sami Zaptia

Akakus Oil Operations complete drilling and commissioning of injection well which contributes to restarting several shut down wells

The National Oil Corporation (NOC) announced today that Akakus Oil Operations have successfully completed the drilling and commissioning of injection...

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"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’
Dec 2 Sami Zaptia

"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’

Libya’s western based Grand Mufti, Sheikh Sadig al-Ghariani, stated: "Prime Minister Aldabaiba, the oversight bodies, the Audit Bureau, and the Attorn...

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NOC chairman participates in expanded meeting on new fuel import mechanism through tender
Nov 27 Sami Zaptia

NOC chairman participates in expanded meeting on new fuel import mechanism through tender

The National Oil Corporation (NOC) reported today that its Chairman, Masoud Suleiman, participated in an expanded meeting that included the Attorney G...

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