Search results for: National Oil Corporation

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  • 1 August 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) revealed that it is working on restarting exports from three blocked oil ports, after the government reached an agreement with Libya’s Petroleum Facilities Guard (PFG) to reopen the ports of Ras Lanuf, Zuetina, and Es Sidra. The ports, which were blocked due to a pay dispute, would now reopen without conditions, according to NOC. […]

  • 25 April 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) has prevented an attempt from the parallel Beida government aimed at loading oil in a tanker at Tobruk’s Hariga terminal, claiming the export cargo was illicit. The company chairman Mustafa Sanalla said that its subsidiary Agoco was instructed on April 21st by a Beyda official to load a ship at Marsa el-Hariga. As disclosed by NOC, a document […]

  • 20 June 2018

    Libya’s Ras Lanuf terminal lost two crude oil tanks due to armed attacks in the oil crescent region.

  • 20 June 2017

    Sharjah National Oil Corporation’s (SNOC) and Uniper plan to start importing liquefied natural gas (LNG) to Sharjah through a joint venture company starting early 2019.

  • 11 July 2018
    Business & Finance

    National Oil Corporation is lifting force majeure at Libya’s ports of Ras Lanuf, Es Sider, Hariga and Zuetina.

  • 11 October 2016
    Project & Tenders

    Sharjah National Oil Corporation (SNOC) and Uniper signed a memorandum of understanding targeting LNG imports to the Port of Hamriyah in the Emirate of Sharjah in the UAE.

  • 3 May 2017
    Business & Finance

    Qatar-based liquefied natural gas (LNG) company Qatargas recently delivered the inaugural cargo of LNG to China National Oil Corporation’s (CNOOC) Yuedong LNG terminal. The cargo, delivered on board the Qatargas-chartered Q-Flex LNG vessel Al Kharaitiyat, was used to commission CNOOC’s newest LNG terminal. “Qatargas is delighted to supply the commissioning cargo to CNOOC’s Yuedong Terminal. […]

  • 14 September 2016
    Business & Finance

    Assessments were started on what needs to be done to lift force majeure and restart exports from oil crescent ports in Libya as soon as possible, according to Libya’s National Oil Corporation (NOC). “We welcome statements from the Libyan National Army allied with House of Representatives and the president of the HoR, Aguila Saleh, that […]

  • 18 August 2016
    Business & Finance

    The Greece-flagged crude oil tanker New Hellas has been granted approval to enter Libya’s Zueitina oil terminal after the oil port was reopened at the beginning of August, according to the National Oil Corporation (NOC). The 123,054 cbm tanker will now enter the terminal in order to transfer a crude oil shipment to the country’s Zawiya Refinery. New Hellas is expected to transport […]

  • 18 February 2014
    Business & Finance, Project & Tenders

    Dana Petroleum has informed that the Fregate-1 exploration well being drilled in Block 7, offshore Mauritania, is being plugged and abandoned at a depth of 5,426m MD BRT. The well discovered gas-condensate and oil pay in multiple thin, but good quality sands within the Lower Cormoran (Santonian) and in the first primary target Petronia (Santonian […]

  • 19 September 2016
    Business & Finance

    The Malta-flagged tanker Seadelta, which was due to load 781,000 barrels of crude oil from storage tanks at Libya’s port of Ras Lanuf, has been withdrawn to a‎ safe distance offshore after a fresh outbreak of fighting near the port, according to the country’s National Oil Corporation (NOC). NOC chairman Mustafa Sanalla said that the move was made as […]

  • 15 September 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) said that it is lifting force majeure at all Oil Crescent ports after it accepted handover of the ports from the Libyan National Army reporting to the House of Representatives on September 14. Exports will resume immediately from Zueitina and Ras Lanuf, and will continue at Brega, while exports from Es Sidra […]

  • 13 February 2017
    Business & Finance

    The first crude oil shipment was offloaded from Gaza floating, storage, offloading (FSO) unit in Bouri Offshore Field on February 11, 2017, Libya’s National Oil Corporation (NOC) said.  Valfoglia, a 109,100 dwt tanker owned by Italy’s Montanari Navigazione, took the first oil from the FSU. Gaza FSO was launched to replace Sloug FSO and to be included […]

  • 22 July 2019
    Business & Finance

    Libya’s National Oil Corporation declares force majeure on crude oil loadings at Zawiya port.

  • 6 March 2017
    Business & Finance

    Military conflicts have forced two of Libya’s oil ports to close, negatively impacting the country’s crude exports, Bloomberg reported.  In a fight against Khalifa Haftar’s force called Libyan National Army, the Islamist Benghazi militia seized the ports of Es Sidra and Ras Lanuf on March 3. Consequently, Libya’s oil production reportedly dropped to 650,000 barrels […]

  • 20 March 2017
    Business & Finance

    Libya’s National Oil Corporation (NOC) believes it will retake control of the country’s two major oil ports from eastern Libyan forces, Reuters reports citing a statement from the Tripoli-based NOC Chairman. Earlier this month, the eastern-based Libyan National Army (LNA) took over the ports of Es Sidra and Ras Lanuf from the Benghazi Defence Brigades (BDB). […]

  • 8 August 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) on August 7 called on rival armed groups to avoid destroying the oil port of Zueitina.  The Petroleum Facilities Guards (PFG) and the Government of National Accord (GNA) inked a deal in July this year to reopen the country’s three oil ports, Ras Lanuf, Zueitina, and Es Sidra, that PFG has been blockading. The […]

  • 15 February 2019
    Business & Finance

    Equinor and the state-owned Korea National Oil Corporation (KNOC) have signed a Memorandum of Understanding (MoU) for floating offshore wind in South Korea. Under the MoU, the two parties will jointly explore the opportunities of developing commercial floating offshore wind, Equinor said. According to KNOC’s Senior Vice President Jae-Heon Shim, executing the agreement will become a […]

  • 20 May 2016

    The government of South Korea is considering merging Korea National Oil Corporation (KNOC) and Korea Gas Corporation (KOGAS) in an attempt to boost the profitability of the two companies.

  • 15 February 2019

    State-run Korea National Oil Corporation (KNOC) and Norwegian oil major Equinor have decided to jointly enter into the offshore wind market in South Korea.

  • 3 May 2017

    Qatargas said it has delivered the commissioning cargo of liquefied natural gas (LNG) to China National Oil Corporation’s (CNOOC) Yuedong LNG terminal.

  • 27 October 2011

    South Korea’s energy minister and chief executives from the country’s energy companies, including state-run Korea National Oil Corporation… (platts) [mappress] Source: platts, October 27, 2011;