Libya's National Oil Corp. has formed a special committee to accelerate talks with protesters that may lead to reopening of El Sharara and El Feel oilfields.
Libya’s National Oil Corp. (NOC) in Tripoli said it was to resume production from two oil fields, including the biggest Sharara, after more than a year.
The internationally-recognized East Libyan government has announced that it will be hosting a conference in Dubai to sign new leases and production agreements, Reuters reported.
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.
Statoil said it has no immediate plans to send workers to restart oil production in Libya, defying weekend calls by the Libyan oil head for foreign companies to return staff and resume drilling.