Oil, Gas & Mining

01-11-2010
The National Oil Corporation (NOC) has announced that the Waha Oil Company has discovered additional oil reserves in the Sirte basin, in a well located approximately 80 km south-east of Marada.
01-11-2010
The National Oil Corporation (NOC) says that oil has been discovered in two wells in the Murzuq basin by the Turkish Petroleum Overseas Company (TPOC).
01-11-2010
Libya’s Al Inmaa Pipeline Company and Turkish building firm STFA have concluded an initial partnership agreement for the production and installation of oil and gas pipelines, Al Jamahiriya has reported.
01-11-2010
Prime Minister Al Baghdadi Ali Al Mahmoudi said Libya would co-invest in a new refinery project at Skhira in Tunisia, Reuters has reported.
24-10-2010
Libya-based oil company Mabruk Oil Operations (MOO) has opened a pre-qualifying round for engineering, procurement, supply, construction and commissioning (EPSCC)  bids for the Dahra and Gharian reservoirs in its onshore oilfield. MOO says that pre-qualification documents and materials are due by 3 November.
24-10-2010
Total E&P Libya has said it will resume drilling in its onshore Libyan fields in 2011. The company’s executive director in Libya, Stephane Michele, told the Pan-African News Agency (PANA) that the drilling would begin with the offshore Al Jorf field, where a pre-qualification round has recently been launched for fractured reserve modelling services.
24-10-2010
According to several press reports, National Oil Corporation (NOC) chairman Shukri Ghanem has said that US-based Occidental  Petroleum (Oxy) will continue its exploration and production (E&P) activities in Libya.
12-08-2010
UK-based energy company BP has announced that it will delay drilling on its offshore oil concession in the Gulf of Sirte, off Libya’s Mediterranean coast, until later in the year. The news follows an announcement in July in which BP had said it would start drilling that month. 
12-08-2010
The Chairman of the National Mining Corporation, Khalifa Ahmed Badrani, told the Al Jamahiriya newspaper that the Wadi Shatti area in central Libya contains around 4bn tonnes of iron ore deposits.
05-08-2010
UK-based oil company BP confirmed in July that it would begin drilling in its deepwater site in the Gulf of Sirte in the coming weeks.
02-07-2010
The head of Libya’s National Oil Corporation (NOC), Shokri Ghanem, will allow BP to begin drilling in its offshore site despite the beleaguered UK company’s ongoing attempt to stem the massive spill in the Gulf of Mexico.
25-05-2010
The Libyan government says it intends to privatise the Abu Kemash chemical complex through a listing on the Libyan Stock Market (LSM).
25-05-2010
The Libyan National Oil Company (NOC) says that the Libyan-Emirates Oil Refining Company (LERCO) has processed 56m barrels of crude oil worth $3.4bn since its inception in March 2009, generating profits of some $65m.
11-02-2010
UK-based energy company BP says it will commence drilling over the coming year on both its onshore and offshore concessions in Libya. 
10-01-2010
Russia’s state owned Gazprom expects to close a deal giving it a stake in Libya’s ‘Elephant’ oil field in the Murzuq Basin by early 2010. The Deputy Chairman of Gazprom’s management committee, Alexander Medvedev, said that the company was close to finishing talks with Italy’s ENI.