home Thursday, September 18 2014  

Type

Price

Brent

104.860

Dubai

109.185
Urals
106.935
WTI
95.670

OPEC basket 03/06/2014

04/06/2014

105.140



last news
NOC…. lifting of Force Majeure
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Due to the improvement of the circumstances which may enable the starting of oil loading operations , NOC declares lifting of Force Majeure situation in Zuetina Oil Harbor as of today 28/04/2014
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A new oil discovery in Sirte Basin Arabian Gulf Oil Company (AGOCO) is a fully owned by NOC has drilled
the FF2-47 well to a total depth of 7270 feet and tested oil from the Lidam Formation. The well is located in Sirte Basin approximately 80 km south west of Marada Town.
The initial production test flow rates from the Lidam Formation are as follows:
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ANNOUNCEMENT OF GAS DISCOVERY IN GHADAMES BASIN National Oil Corporation (NOC)
announce that Sonatrach (SIPEX) Libya (Operator), Oil India, and Indian Oil
being partners in an Exploration and Sharing agreement in area 95/96 signed in May 2008, report initial information concerning the exploration (New Field Wildcat) well C1-96/01 drilled in contract area 95/96 in Ghadames Basin. The well is located approximately 650 km Southwest of Tripoli and 70 km South of El-Wafa Field.
The initial production test result from the Tadrart, Ouan Kasa & Awaynat Wanin Formations is as follow:
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Formation
Tested Interval
(feet)
Choke Size
(Inch)
Gas Rate
(MM CF/d)
Condensate
BBL/day
WHP
(PSI)
Tadrart
6,250 - 6,355
32/64
8
114
1,455
Ouan Kasa
6,110 - 6,153
32/64
9
198
1,771
Awaynat Wanin
5,704 – 5,921
32/64
5
160
1,070
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The C1-96/01 well is the fourth discovery well in this contract area drilled by the company.



NOC Force Majeure Declaration
The Libyan National Oil Corporation ("NOC") reinstatement and reinforce the declaration of the Force Majeure to (Essider, Ras Lanuf , Zuetina and Hariga) terminals.
NOC wishes to make clear that the crude oil and products located and stored in these terminals is the property of NOC and its Partners.
No person or entity except the NOC and its legitimate partners may transfer title to such crude oil, and no such transfer has occurred.
NOC will pursue all of its remedies to preserve and enforce its rights over the cargo and to hold responsible all the parties participating in illicit transactions relating to it in any jurisdiction, both within and outside of Libya
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Download NFSP!

NOC Press Release The Libyan National Oil Corporation (“NOC”)
   wishes to make clear that the crude oil loaded upon the vessel "Morning Glory", which is now at Essider Terminal in Libya, is the property of NOC and its Partners. No person or entity except the NOC and its legitimate partners may transfer title to such crude oil, and no such transfer has occurred. NOC will pursue all of its remedies to preserve and enforce its rights over the cargo and to hold responsible all the parties participating in illicit transactions relating to it in any jurisdiction, both within and outside of Libya.
 


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WAHA OIL COMPANY Print E-mail

WAHA OIL COMPANY

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Waha oil company is one of the major national companies engaged in the field of oil and gas production , its incorporation date was in 1955, when oasis oil company was incorporated as an operator for three American companies .
Waha oil company started its operation on Libyan soil in 1956 and succeeded in discovering oil in commercial quantities in the area north of bahi oil field , the company continued its successful operation after that date , and in 1960, waha and defa oil fields were discovered and in 1961 gialo and samah oil fields were found . in 1962 the company were successful in discovering zaggut , belhedan , khalifa , balat , masrab , harash and al - faregh oil fields .
ADDRESS : PO BOX 395 , OFF AIRPORT ROAD , TRIPOLI
TELEPHONE : 218 - 21 - 3337161 & 218 - 21 - 3331116
FAX : 218 - 21 – 3337169 & 218 - 21 - 3330985
TELEX 20158 WAHA OIL LY & 20758 WAHA OIL LY
EMAIL : WAHAOIL.COM
BRANCH BENGHAZI
TELEPHONE : 218 - 61 – 2227855
FAX 218 - 61 – 2227855
TELEX : 27855 WAHA OIL LY
DATE OF INCORPORATION : 1955
FIELD OF ACTIVITY : OIL AND GAS EXPLORATION

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