Libya’s National Oil Company (NOC) has announced that the force majeure at Sharara oilfield has been lifted with immediate effect and that production has restarted, according to a press release. The decision comes int...
Libya has started to gradually re-operate the country’s huge Sharara oilfield following a four month blockade, according to Reuters. Daily production at Sharara oilfield is in excess of 300,000 barrels per day (bbl/d...
Production at the Libyan Sharara oilfield has been resumed at half of its operational capacity, Reuters reported, citing a site engineer. The National Oil Corporation (NOC) recently declared a state of force majeure o...
Libya’s crude oil production has increased by around 33% after resuming production from Sharara oilfield, Bloomberg reported. Currently, Sharara oilfield production level has reached around 260,000 barrels per day (b/...
Libya’s el Sharara oilfield has increased its production capacity, reaching around 180,000 barrels per day (b/d), according to a field engineer, Reuters reported. The 315,000 b/d field had been restarted as the Libyan...
The Libyan National Oil Company (NOC) announced on March 4 lifting force majeure at el Sharara oilfield, Reuters reported. The 315,000 barrels per day (b/d) oilfield was restarted with an expected regular output durin...
The United Arab Emirates (UAE) will host Libyan meeting to discuss the reopening issue of el Sharara oilfield, the North African country’s biggest diplomats and other sources said, Reuters reported. The UAE is support...
Libya’s Sharara Oilfield will not be reopened again, after being closed for a month, until the groups occupying the field leave, National Oil Company (NOC) head announced on January 29, Reuters reported. “The armed gr...
Libyan largest oil field, the Sharara field, may lose around 8,500 barrels per day (b/d) of crude because of looting, Libya’s National Oil Company (NOC) said on January 3. NOC announced earlier in December that it is ...
Libya’s National Oil Company (NOC) declared that oil and gas revenues in November declined to be $2.4 billion, down from $2.87 billion in October, the company announced on December 28. Despite the reduced revenue, Nov...