Libya | Egypt Oil & Gas - Part 15
Libya’s Sharara Oil Field Reopens
Libya’s largest oil field resumes pumping after reopening the pipeline running to Zawiya refinery, World Oil reported. The operators of Sharara field were forced to halt crude pumping on March 4th after a local landl...
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 regi...
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 companies’ c...
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, according to Reuters. The NOC announced the closure of the facility after “members ...
Libyan Oil Output Drops due to Unrest at El Feel Field
Libya’s crude oil output decreased by 70,000 barrels per day (b/d) due to halting production at the El Feel oil field on February 24th, Xinhuanet reported. The company operating El-Feel oil field stopped output ...
Libya’s NOC Announces Budget Delay to Decrease Oil Output
Libya’s National Oil Corporation has been facing continuous delays in receiving budget money from the Libyan government, stated Mustafa Sanalla, NOC’s Head, adding that the delay can decrease oil output, R...
Algeria, Libya to Co-Manage Oil Fields on Borders
Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders, Middle East Monitor reported. The joint ...
Libya’s Zueitina LNG Plant to Resume Operations
Maintenance and renovation works at the liquefied natural gas (LNG) plant in Zueitina Port, in north-eastern Libya, have been completed, Chairman of the Management Committee of the Zueitina Oil Company, Abdul Nasser Z...
