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

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


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.


Source: Libya Today June 24, 2024 13:14 UTC



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