Wintershall Dea affiliate, Wintershall Aktiengesellschaft (WIAG), has transferred operatorship of Contract Areas 91 and 107 on the onshore Sirte Basin to Sarir Oil Operations (SOO).

Libya’s Waha oil fields are set to finish repair work to upgrade the production and service facilities after a seven month hiatus from production.

Libya’s National Oil Company (NOC) stated that Wintershall Dea is going to invest in exploring Libya’s Sirte basin as its oil concession in Libya is converted to an EPSA IV format.