Libya
Libya NOC Outlines Oil Rehabilitation, Exploration Strategy
With its plan, Libya’s NOC aims to increase oil production through the exploration and rehabilitation of at least 36 oil wells.
News
Read the latest Archives of oil, gas and energy news.
Mozambique
ADNOC to Acquire 10% Stake in Mozambique’s Rovuma Basin
ADNOC has signed an agreement to acquire multinational energy corporation Galp’s 10% interest in the Area 4 concession of Mozambique’s offshore Rovuma Basin.
Invest in African Energy Forum
Gabon’s NOC to Discuss Investment Prospects as IAE Platinum Sponsor
Gabon Oil Company (GOC) will participate as a Platinum Sponsor at the Invest in African Energy 2024 forum, affirming its commitment to maximizing production and attracting new players to Gabon’s
Equatorial Guinea
Equatorial Guinea: Petrofac Secures $350M Contract to Support NOC
Under the technical services contract, Petrofac will support the operations of GePetrol in Equatorial Guinea’s Block B.
UNOC Begins Petroleum Product Sales to Uganda, Tanzania
Following its fuel supply deal with Vitol Bahrain, UNOC has started distributing limited quantities of petroleum products to oil marketing companies in Uganda and Tanzania.
Libya
Libya NOC Outlines Path to 2B Barrels Per Day
An oil and gas licensing round is set to be launched in Libya later this year, along with 45 upstream projects and 12 gas flaring initiatives currently underway.
Egypt
ADNOC, bp Form Joint Venture in Egypt
ADNOC and bp have partnered to advance gas development in Egypt.
Libya Energy & Economic Summit
NOC Reveals Ambitious Energy Plans at Libya Energy Summit
Chairman Farhat Begndara affirmed the National Oil Corporation’s oil production vision at LEES 2024.
Libya
Libya’s NOC Seeks $17B to Stabilize Oil Production
The capital injection will enable Libya’s state oil firm to undertake necessary repairs and upgrades of its infrastructure and equipment.
Libya
Libya’s NOC Unveils Decarbonization Roadmap at COP28
Chairman Farhat Bengdara shared the National Oil Corporation’s energy decarbonization vision at COP28, which aims to increase renewables and achieve near-zero gas flaring in Libya by 2030.
