National Oil Corporation (NOC) Archives - Panorama Insurance Brokers

UK business urged to seek Opportunities in Libyan Oil, Gas

By John Lee. The Chairman of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, has out the enormous opportunities which Libya offers to internationally competitive UK companies in its oil and gas sector. He told a meeting of the influential Libyan British Business Council (LBBC) in London that projects worth many billions of dollars could be… Read More

Water and Sanitation Project in Zintan

By John Lee. On Thursday, 7000 metres of electricity cables for submersible water pumps were delivered to Zintan municipality. This delivery comes on top of 26 submersible and centrifugal water pumps already delivered to the Zintan municipality to help solve a water shortage bottleneck in the municipality and in neighbouring areas. It took place as… Read More

NOC Condemns PFG incursion at Sharara

From the National Oil Corporation: Libya’s National Oil Corporation (NOC) expresses its strong dissatisfaction with the continued militarization of its fields after the commander of the southern region, Al-Mabrouk Sahban, entered the Sharara oilfield, which belongs to Akakus Oil Operations Company, by force, on Saturday August 29, 2020. Al-Mabrouk Sahban was accompanied by 20 members… Read More

NOC Welcomes Reopening of Oil Ports

The National Oil Corporation (NOC) welcomes the statement of the Speaker of the House of Representatives and the chairman of the Presidency Council supporting NOC’s proposal to resume production and export of oil and to freeze sales revenues in NOC accounts in the Libyan Foreign Bank. Revenues should remain frozen until a comprehensive political agreement… Read More

NOC warns of Environmental Disaster at Libya’s Oil Ports

By John Lee. The National Oil Corporation (NOC) has warning that the unsafe storage of chemicals at the country’s oil ports risks a potentially worse disaster than last week’s explosion in Beirut. In a video, NOC chairman Mustafa Sanalla said: “The militarization of oil facilities, the presence of mercenaries as well as the military escalation… Read More

Mercenaries “a Threat” to Libyan Oil

Libya’s National Oil Corporation (NOC) has said it is deeply concerned about the continuing militarization of its oil facilities and the heavy presence of foreign mercenaries at various oil fields and ports in the east and south of the country. In a statement, the company said: The number of mercenaries at the Ras Lanuf petrochemical… Read More

International Review of Central Bank’s Two Branches

The United Nations is Pleased to Announce the Launch of the International Financial Review of the two Branches of the Central Bank of Libya Acting Special Representative of the Secretary-General and Head of the United Nations Support Mission in Libya (UNSMIL) Stephanie Williams is pleased to announce the finalization of the process to initiate an… Read More

Libya’s June Oil Revenues for June “Lowest this Year”

The National Oil Corporation (NOC) reported crude oil, *gas (propane and butane)* and condensates export revenues of US$45,552,578.87 million for June, the lowest recorded this year. No revenues were earned from oil products sales for the sixth month in a row. Falling production led to this large drop in revenues as refineries, oilfields and ports… Read More

NOC Boss has Technical Meetings for Bahr Essalam

A high-level delegation from the National Oil Corporation (NOC) headed by Eng. Mustafa Sanalla, Chairman of the Board of Directors, accompanied by Eng. Abulgasem Shengheer, NOC board member for exploration and production, Mr Ahmed Ammar, chairman of the Management Committee of Waha Oil Company (WOC), Dr. Khalaf Allah Muftah NOC general manager of legal affairs… Read More

NOC: Deterioration of Security Situation in Gulf of Sirte

Libya’s National Oil Corporation (NOC) is deeply concerned at the serious deterioration in the security situation in areas surrounding oil facilities in the Gulf of Sirte. Violent Clashes took place over the past 48 hours in the Brega region, only hundreds of meters away from oil tanks, between armed groups called Al-Saiqa and the Petroleum… Read More