Total CEO: Libya Has Not Objected to Waha Takeover
Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions.
Libya | Egypt Oil & Gas - Part 14
Libyan Pipeline Attack Sees Estimated Loss of 100,000 b/d
A Libyan crude oil pipeline was set on fire on April 21 causing losses of between 70,000 barrels per day (b/d) and 100,000 b/d.
Eni Plans to Reduce Oil Output from Libya
Eni’s oil production in Libya will be reduced from 320,000 b/d to 200,000 b/d, Eni CEO, Claudio Descalzi stated.
Libyan Refinery Hit by Explosion
Libya’s Marsa El-Brega refinery was hit by an explosion and fire during the early hours of March 10th after a gas leak at its methanol plant.
Libya’s Sharara Oil Field Reopens
Libya’s largest oil field resumes pumping after reopening the pipeline running to Zawiya refinery
Total Acquires Stake in Libyan Waha Concession
French Total acquired a 16.33% stake in Libya's Waha concession from Marathon Petroleum in an acquisition transaction worth $450 million as part of its strategy to expand in the Middle East and North Africa region ...
Egypt, Libya Discuss Cooperation
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with board member of the National Oil Corporation (NOC), Jadallah Hamed Aloakali, and an accompanying delegation of Libyan oil companie ...
Libya’s NOC Evacuates El Feel Field
Libya's National Oil Corporation (NOC) has evacuated El Feel oil field after the field's guards staged a strike over pay.
Libyan Oil Output Drops due to Unrest at El Feel Field
Libya's crude oil output decreased by 70,000 barrels per day due to halting production at the El Feel oil field on February 24th.
Libya’s NOC Announces Budget Delay to Decrease Oil Output
NOC has been facing continuous delays in receiving budget money from the Libyan government, stated Mustafa Sanalla, NOC's Head.
