Company type | State-owned enterprise |
---|---|
Industry | Oil and gas industry |
Founded | 1970 (in Benghazi) |
Headquarters | Tripoli , |
Key people | Farhat Bengdara, Chairman |
Products | Crude Oil, Natural Gas and Petrochemicals |
Owner | Government of Libya |
Subsidiaries | Zawia Refining RASCO Brega Agoco Sirte Oil Co. Jowfe Oil Technology National Drilling Co. North Africa Geophysical Exploration Company National Oil Fields and Catering Company Waha Oil Co. Zallaf Libya Oil & Gas |
Website | NOC.ly/index.php/en |
The National Oil Corporation (NOC; Arabic: المؤسسة الوطنية للنفط) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for the vast majority of the country's oil output.[1] It is led by Farhat Bengdara, appointed in July 2022, he is seen by many experts as the glue holding east and west together.[2] Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).[3]