Tag Archives: The Libya Observer

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 …

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 Libyan National Oil Corporation (NOC), headed Mustafa Sanallah, discussed in a meeting in Milan with Italian oil firm, Eni, plans to upgrade (A and H) offshore gas fields: two strategic fields that follow agreements of exploration projects and sharing production and operation, which includes Mellitah Oil and Gas Company. …

Oil revenues for Libya reached record levels last May, as they recorded 1.322 billion dollars in crude oil and 53 million dollars in gas and condensates, the National Oil Corporation (NOC) announced on Sunday. The corporation said that net revenues for the month of May from sales of crude oil, …

On Saturday, Libya’s Oil Minister of the Government of National Unity (GNU), Mohamed Oun, said that Libya is planning to increase its output of crude oil to four million barrels per day (bps) within a year. During a visit of the government delegation to Paris, the Libyan Minister said that …

Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has held discussions with the General Manager of Total regarding the use of renewable energies in the Libyan oil sector and the impact of lack of budgets on production, as well as development programs. This meeting highlighted the implications of the …

The Chairman of the Libyan National Oil Corporation (NOC) Mustafa Sanallah has said they are aiming to reach 1.2 million oil barrels per day (bpd) in 2021, adding that this aim is part of the NOC plan for the new year. Sanallah added on Friday that the NOC plan included …

The Russian oil company Tatneft is examining the possibility of resuming its operations in Libya, having ceased its works following the revolution of the 17 February, 2011. The Media East Monitor website reported that the company wished to return and resume production and exploration operations in several locations in Libya. …