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The National Hydrocarbons Company SONATRACH announced Tuesday in a press release, having carried out in partnership with the Italian group ENI, the construction of the gas pipeline which connects the sites of Bir Rebaa North (BRN) and Menzel Ledjmet East (MLE) in the Berkine Basin, in the south-east 320 km from Hassi Messaoud (wilaya of Ouargla).
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Fuel tankers evacuated from Tripoli Port after strike near LPG ship National Oil Corporation (NOC) of Libya confirms that fuel vessels have evacuated urgently from Tripoli port and all offloading operations were cancelled after projectiles struck meters away from a highly explosive liquified petroleum gas (LPG) tanker discharging in the port.
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NOC reports 19% drop in revenues in January 2020 from previous month National Oil Corporation (NOC) reported January 2020 revenues of approximately 1.77 billion USD ($1,768,879,320.49), a decrease of around 418 million USD (19% ) on December 2019 revenues and an increase of around 167 million USD (10.4%) compared with January last year. NOC’s revenues come from sales of natural gas, crude oil and assorted derivative products, in addition to taxes and royalties received from concession contracts. NOC Chairman Eng.
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Eng. Mustafa Sanalla, Chairman of National Oil Corporation (NOC), met with an Eni delegation led by Eni’s Chief Upstream Officer, Alessandro Puliti, Tripoli (Libya), on January 29, 2020 – to discuss status of current shared projects and the consequences of the current blockades for Libya’s people and hydrocarbon production facilities.
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Algeria and Turkey signed on Sunday in Algiers an agreement renewing the contract for the supply of liquefied natural gas (LNG) for the next five (05) years, said the APS the Minister of Energy, Mohamed Arkab.
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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 conducted a stimulation of well Y-01 in the Nafoura non unit field where AGOCO is sole operator.