Oil India is in talks with stakeholders to restart drilling in Libya, thirteen years after the company exited the country due to political instability, a top company official told Reuters.
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The Libyan National Oil Corporation (NOC) has announced that the Mellitah Oil and Gas Company was able to rehabilitate the well (A75) in the Abu Attifel field, in implementation of the corporation’s plan to increase production.
The governor of the Libyan Central Bank, Al Siddiq al Kabir, the president of the Audit Bureau of Libya, Khaled Shakshak, and the chairman of the National Oil Corporation, Farhat Bengdara, underlined the need to increase oil production rates.
The Arabian Gulf Oil Company (AGOCO), an oil company based in Benghazi and subsidy of the National Oil Corporation (NOC), announced a plan to convert the HH59-65 well, currently classified as an “observation well” and located in the Masla oil field, into a producing well after a hiatus of two years and eight months.
The Central Bank of Libya (CBL) Governor, Siddiq al-Kabir, on Sunday discussed with the National Oil Corporation (NOC) Chairman, Farhat Bengdara, increasing coordination with regard to transparency and disclosure, according to CBL.
Italian service provider Deepblue Energy Services is eyeing opportunities in the Libyan energy and economic sectors as it seeks to deploy its green drilling solutions for the oil, gas and geothermal industries in Africa.
Repsol Energy announced that it will resume in the Al-Sharara oil field after Libya’s National Oil Corporation (NOC) has lifted force majeure from the field, which was shut down three weeks ago.
U.S. diplomats, led by Ambassador Richard Norland, on Tuesday discussed the Libyan National Oil Corporation (NOC) production increase strategy with its Chairman Farhat Bengdara.
Oil prices settled slipped on Tuesday as traders focused on rebounding crude output in parts of the U.S., along with rising supply in Libya and Norway, rather than risks to supply posed by conflict in Europe and the Middle East, according to Reuters.
Africa Intelligence reported that Libya’s National Oil Corporation (NOC) has awarded the project of linking Sirte basin oilfields to Ras…