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.
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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…
Chairman of the Libyan National Oil Corporation (NOC), Farhat Bengdara, Sunday announced that the Mabrouk oilfield is expected to resume production this year.
Libya’s National Oil Corporation (NOC) said today it lifted force majeure on Sharara oilfield.
The Libyan Investment Authority (LIA) announced today that it has signed a strategic agreement with BP to enhance the partnership.
Libyan Oil Minister Mohamed Aoun discussed with British Ambassador to Libya Martin Longden how to increase the amount of oil and gas production, develop the fields, and achieve the goal of reaching the production and export of two million barrels per day.
Prime Minister Abdul Hamid Dbeibeh has affirmed need to continue development in Hamada oil field “after addressing any technical or legal observations in accordance with what was agreed upon at the tenth meeting of the Supreme Council for Energy Affairs,” according to a statement by the premier’s media office on Tuesday.
An economic summit held this week in Tripoli, Libya focused attention on the North African country’s vital oil and gas…