
| | Type | Price | Brent | 76.23 | Dubai | 75.02 | | Urals | 76.29 | WTI (mid) | N/A | OPEC 03/09 06/09/2010 | 73.05 |
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The Ministers of the Organization of Petroleum Exporting Countries (OPEC) held a meeting in the Austrian capital Vienna on Wednesday, 09/09/2009. Mr. Ali El Sogher Mohamed Saleh, General Manager of NOC headed the Libyan delegation. The organization reviewed the current oil market conditions and future prospects and decided to maintain the official target production levels unchanged.
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On Wednesday 02nd September 2009, Dr. Shokri Ghanem NOC’s Chairman met with Mr. Sh. F. Takhautdinov Chairman of the Russian company TATNEFT. The meeting was attended by Mr. Azzam Elmessallati Member of the Management Committee and Mr. Ali El Sogher Mohamed Saleh, General Manager of NOC and Mr. Abu lkassem Shingher General Manager of JVD, and attended from Tatneft was by Mr. R. S. Khisamov Chief Geologist, Deputy Director General , Mr. Kh. Z. Kaveev Head of Overseas Projects Department, Mr. N. R. Khabibullin Director of the Libyan Branch, and Mr. Shaban Al-Akdar Deputy Director. |
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NOC announced on Sunday 30/8/2009 that Arabian Gulf Oil Company, a wholly owned by NOC reports that it has drilled the B1-NC4 New Field Wildcat well to a total depth of 10,500 feet. The well is located in Ghadames Basin approximately 190 km south of Tripoli. The initial production testing from Lower Akakus Formation established an oil flow as follows: c c |
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