Sharara Field Resumes Work at Half Capacity
The Libyan Sharara oilfield has resumed work at half of its operational capacity, after going offline since Friday.
The Libyan Sharara oilfield has resumed work at half of its operational capacity, after going offline since Friday.
National Oil Corporation (NOC) has declared a state of force majeure on crude oil loadings at Zawiya port.
Libya’s crude oil revenues decreased to around $10.2 billion during H1 2019, decreasing by 11.2% compared with the same period last year.
Libya's National Oil Company (NOC) has decided to power the Obari plant with natural gas instead of crude oil.
Total and other international oil companies (IOCs) plan to renew their business licenses to continue their operations in Libya.
The Libyan National Oil Company (NOC) revealed that Sarir oilfield lost around 30,000 barrels per day (b/d) because of a power generator fire.
The Libyan National Oil Company (NOC) is concerned about lawlessness in the country and its impact on the oil and gas sector.
Libya plans to increase oil output from its existing fields to 1.4 million barrels per day (b/d) by the end of 2019 and 2.1 million b/d by 2023.
The Egyptian company is negotiating with Libya's Sirte Oil Company to seal an agreement for operational support and services.
Libya’s crude oil production has increased by a third after resuming production from Sharara oilfield.