Es Sider | Egypt Oil & Gas

Libya’s al-Bayda Oilfield Resumes Operations: Engineer

Libya’s al-Bayda oilfield has resumed operations following five months of inactivity due to heavy fighting, a field engineer told Reuters. The owner of the field, a subsidiary of the Libyan National Oil Company (NOC),...

Libya Hydrocarbon Revenues Fall $455M in August

Libya’s oil and gas revenues have fallen to roughly $1.57 billion in August, a $445 million drop off from the previous month, the Libyan National Oil Company (NOC) announced on October 26, Reuters reported. The compan...

Libya Declares Force Majeure on Supplies, Oil Rises

Libya has declared a force majeure on two facilities exporting 850,000 barrels of crude per day (b/d), pushing oil prices to highs not seen since 2014, Reuters reported. Brent crude futures rose 0.8% to $77.90 per bar...

Libyan Oil Ports Close After Armed Clashes

Armed clashes have halted oil loadings at Libya’s Es Sider and Ras Lanuf oil ports, and at least one storage tank at Ras Lanuf was set alight, Reuters reported. Forces loyal to Khalifa Haftar’s Libyan National Army (L...

Libyan Pipeline Blown Up

A key Libyan pipeline to the port at Es Sider was blown up on Tuesday, Reuters reports. The explosion could slow production by 70,000 to 100,000 barrels per day (b/d), the National Oil Corporation (NOC) said, accordin...

First Tanker Docked at Libya’s Es Sider Port

An oil tanker docked at the East Libyan port of Es Sider late December to load the first cargo of crude since the terminal reopened following a two-year closure, Reuters reported. The tanker, the Alicante, is due to l...

Es Sider To Resume Oil Exports

Libya’s Es Sider is to resume exports with its first cargo since force majeure was declared on loadings from the port in December 2014. The cargo will be potentially lifted by Libya’s National Oil Corporat...

Libya to Produce 900,000b/d of Oil

The Libyan National Oil Corporation’s (NOC) Chairman, Mustafa Sanallah, said that Libya’s oil production had passed 554,000b/d and was on track to hit the 900,000b/d mark by the end of 2016, Bloomberg repo...

Libya Starts Repair at Es Sider Oil Port

Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves, reported Bloomberg. The repair work is...

Libya’s NOC Signs Agreement to Reopen Oil Ports

The Libyan UN-backed authorities have reached an agreement with the Petroleum Facilities Guards (PFG), an armed brigade monitoring the two main oil ports Ras Lanuf and Es Sider, to bring an end to a blockade and resta...

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