Libya | Egypt Oil & Gas - Part 34

Egyptian Petroleum Delegation Makes headway in Libya

During its visit of last month, The Egyptian petroleum delegation has accomplished fruitful progress in supporting the reconstruction of Libya's dilapidated petroleum industry.

Total eyes 200bn unfound oil barrels in Egypt, Libya

Total SA is planning to explore for oil and natural gas off the coasts of Libya and Egypt, a region that may hold as much as 200bn barrels of oil equivalent, a company official said.

Libya production increases to 1.3 million barrels per day

Oil production in the country has now resumed following the eight-month war.

OMV Touts 60% Pre-War Level Production in Libya

Austrian energy giant OMV said Thursday its oil production in Libya now stands at 60% of the pre-war level, up from 30% in November.

Libya to Revisit Oil Contracts

Some of Libya's oil contracts will be reviewed by the country's new government, former interim prime minister Ali Tarhouni said, putting scores of foreign firms on notice.

Eni eyes full Libyan output by June

The chief executive of Italian giant Eni said the company expected to return to full capacity in Libya by June of next year.

Heritage Oil gains access to Libyan oil industry with acquisition of controlling interest in Sahara Oil Services Holdings

Heritage Oil has acquired a controlling 51% interest in Sahara Oil Services Holdings (SOSH) which holds the necessary long term permits and licences to provide oil field services in Libya, for cash consideration of U ...

Gaddafi government will send representative to OPEC

The government of Libyan leader Muammar Gaddafi will send a representative to next week's OPEC meeting despite the defection of top energy official Shokri Ghanem, although it is not yet ready to announce the name, go ...

Libya: Eni and Gazprom agree to put Elephant project on hold

Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni met Wednesday in Moscow at the headquarters of the Russian company. The parties discussed the issues of bilateral cooperation in the energy sector within their Stra ...

CNPC evacuates Libya employees

China National Petroleum Corporation (CNPC) has evacuated 47 of its 391 Chinese employees in Libya because of political turmoil, according to a company newspaper.

Page 34 of 35

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