Tag Archives: Libya

Libya’s National Oil Corporation (NOC) on Sunday declared force majeure on oil exports from the El-Feel oilfield in the country’s southwest. In a statement, the state-owned company said oil production was halted until further notice after a group of people entered the facility and prevented employees from working. It did …

Libya can raise its natural gas production by 30 percent with an investment of up to $1 billion, Italy’s Ambassador to Libya, Giuseppe Buccino, said at a round table discussion at the LUISS University in Rome this week. If Libya manages to overcome political disputes, it would have more stability …

Akakus oil operations company said oil production at Sharara oilfield had reached 190.000 barrels per day (bpd), adding that operation work was ongoing for the third day in a row by Libyans since the resumption of operations last Monday. The company expected that Sharara oilfield would reach its normal production …

Libya’s state National Oil Corporation (NOC) discussed with U.S. oil services company Halliburton ways to develop wells and a digital transformation project for the oil sector. The discussions took place yesterday at the NOC’s Tripoli headquarters between NOC Chairman Mustafa Sanalla and the Vice President of Halliburton for the Middle …

Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest. The plan, details of which were seen by Reuters, …

A new study from the Organization of Petroleum Exporting Countries (OPEC) said that Libya has surpassed Nigeria as Africa’s biggest oil production, the Nigerian newspaper PM NEWS reported. Nigeria’s oil output decreased to around 1.23 million barrels per day (bpd) in October, down from roughly 1.25 million bpd the previous …

The National Oil Corporation (NOC) announced that the Russian Tatneft Company has initiated the completion of drilling for the identified Well No. B-82 in the Hamada area in the Ghadames Basin, which is progress ceased in February 2011 at a depth of 3900 feet. The NOC indicated that Tatneft will …

The director of public relations at the Italian oil giant, Eni, said Libya could achieve a threefold increase of gas. The PR director said at the 10th edition of Shared Awareness and Conflict Resolution in the Mediterranean Conference, organized by EU Operation IRINI, that Eni wasn’t harmed in the last …

On Thursday, Libya’s National Oil Corporation (NOC) announced the resumption of export operations at the Es Sider and Ras Lanuf oil terminals, after several demonstrations. The NOC said in a statement that Chairman, Mustafa Sanalla held talks with local elders who had helped to end the protests. Protesters at those …

The National Oil Corporation (NOC) said that oil production at Libya’s Gallo field will drop by about 70,000 barrels per day, after an oil pipeline leak that occurred yesterday. The corporation said in a statement that this reduction process will enable engineers to control the leakage of the 30-inch line, …