The Jikharrah gas exploitation plant in Libya, in contractual area 91, has been successfully restarted after a ten-year standstill.
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Libyan Oil Minister Mohamed Aoun, and his Algerian counterpart Mohamed Arkab, discuss the return of Algerian energy companies to work in Libya, during a meeting between the two on the sidelines of the meeting of oil ministers of the member states of the Organization of the Petroleum Exporting Countries (OPEC), which was held on Saturday 3 June at OPEC’s headquarters in Austria.
The National Oil Corporation has won another arbitration against the UAE Trasta Energy, winning the appeal to the Paris Court of Appeal, whose request was filed in February 2022.
Gas flows from Libya to Italy have resumed after an interruption that lasted about two weeks due to a vast restructuring of the Mellitah plants, located on the North African coast.
The National Oil Corporation’s budget committee convened a meeting on Tuesday to review development plans for the Ras Lanuf and Mellitah complexes, according to a statement by the NOC.
Mellitah Oil & Gas , an operating company jointly owned by the Italian Eni and the Libyan National Oil Corporation, has drilled the B4-49 well, in the Bouri offshore field, 120 kilometers north of the Libyan coast in the Mediterranean Sea, with the aim to produce oil and gas with a production capacity of 1,800 barrels of oil per day.
The Chairman of the Libyan National Oil Corporation (NOC), Farhat Bengdara, has announced the completion of the maintenance of Ras Lanuf industrial complex.
Oil prices settled more than 1% lower on Friday, falling for the third consecutive week, according to Reuters.
Italian Eni, French Total, and UAE-based Adnoc are in talks with the Libyan National Oil Corporation to develop and explore…
The chairman of Libya’s National Oil Corporation, Farhat Bengdara, has stated that the corporation is working towards increasing production rates…