The chairman of the Libyan National Oil Company (NOC), Nuri Berruein, stated that Libya is producing 600,000 bpd of crude oil. Out of this, he said that 140,000 b/d are going to refineries and the remainder is exported.
Exploration & Production
ExxonMobil signs exploration deal with Iraqi Kurdistan
The recent deal signed between ExxonMobil and the Kurdistan Regional Government (KRG) has caused a political storm with the Iraqi government threatening to pull the oil majors current contracts in Southern Iraq.
Lamprell wins jackup rig order from Jindal
Libyan oil exports to hit 350,000 bpd in November
Libyas oil exports are expected to reach almost 350,000 bpd on average during November, according to expectations by the National Oil Corporation (NOC).