Libya oil map 2020 Tripoli crop

Libya’s NOC in crisis, getting behind on salaries as Schlumberger threatens to suspend ops

Issue 508 - 24 Jun 2024 - By John Hamilton | 5 minute read

Authority in Libya’s oil and gas sector is fraying, with a flood of internal administrative correspondence leaking from the Government of National Unity and especially from NOC, whose failure to account for its multi-billion dollar budgets is now threatening operations, while two rival ministers compete for control and services giant Schlumberger has threatened to suspend operations until its debts are paid, writes John Hamilton.

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