Browsing Tag

NOC

Libya: AGOCO increases Nafoura oilfield production capacity

Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has…

Libya’s NOC: Oil revenue in August drops by 5%

Libya’s National Oil Corporation (NOC) said on Wednesday that August revenues dropped to around $2 billion, a 5% decline from July. The company attributed the drop to the sabotage of the main pipeline of the El Sharara oil field and…

Libya’s oil revenue experiences 23% hike

The revenue of the Libyan National Oil Corporation (NOC) registered a 23% month-on-month leap to stand at USD2.1 billion during the seventh month of this year. NOC said in a statement that this boost is driven by a hike in the volume of…

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