NOC warns of Sirte closure, linked power problems
Libya’s National Oil Corp. (NOC) has warned that it may call force majeure on its Gulf of Sirte loadings within the next 72 hours.
Libya
Indonesia’s Medco in dispute with Libya NOC
Indonesia’s Medco Energi has started international arbitration at the ICC against the National Oil Company of Libya to enforce its contractual rights under an exploration and production sharing contract, as well as protect its right to benefit from its investment in Area 47 in the north African nation.
Repsol nears exploration drilling in Libya
Repsol plans to launch exploration in Libya in the third quarter, according to comments made during a recent meeting with National Oil Corp. (NOC).
Sanalla makes pitch for investment as US backs oil cash flow freeze
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
NOC declares fourth force majeure, covering Brega
Libya’s National Oil Corp. (NOC) has declared force majeure at its Brega terminal, while warning of a broader impact on the country from stoppages.
Updated: Force majeures escalate in Libya as Sharara falls
Libya’s National Oil Corp. (NOC) has declared force majeure on exports of Mellitah crude, following problems at the El Feel field, and from the port of Zueitina.
Oil gains as week opens on Libyan Disruption, Russia’s Warning
Oil climbed as supplies from Libya were interrupted and Russia warned of the potential for record prices if more nations ban its energy.
Security risks abound for MENA oil supply
The Middle East and North Africa region is at “growing risk” of oil supply disruption, a new analysis from Verisk Maplecroft has reported.
Oil climbs near $106 after jumping on doubts over peace talks
Oil extended gains in Asia after the biggest daily surge in 16 months pushed prices back above $100 a barrel as the Kremlin cast doubt on the progress of peace talks with Ukraine.
BP, Total and Conoco talk shop with Libya’s NOC
BP, TotalEnergies and ConocoPhillips executives have held talks with Libya’s National Oil Corp. (NOC) on the sidelines of the CERAWeek conference, in Houston.
Libyan pipe stoppage adds to oil price pressure
Libyan production has dipped below 1 million barrels per day following the latest pipeline stoppage by “suspicious gangs”.
Agoco starts up Tahara field
Arabian Gulf Oil Co. (Agoco) has begun producing from the Tahara field, in the Ghadames Basin.
Sonatrach strikes deal with NOC on Libyan re-entry
Sonatrach has signed a memorandum of understanding (MoU) on restarting work in Libya, which has been on hold since 2011.
Libya’s Elephant returns, as Es Sider goes offline
Poor maintenance at export facilities has driven Libya to shut in exports from the Es Sider terminal, compounding weather-related woes.
Libya restores production ahead of schedule
Waha Oil has completed maintenance on a pipeline section faster than expected, returning 200,000 barrels per day of production to Libya’s output.
Libya cuts another 200,000 bpd for pipeline work
Libya has shut in an additional 200,000 barrels per day of production in the face of required maintenance, following the loss of around 300,000 bpd two weeks ago.
Updated: Libyan stoppages mount, as ministry and NOC clash
A militia group has shut down a number of Libyan fields, while conflict between the oil ministry and the National Oil Corp. (NOC) heightens in the run up to the presidential election.
TotalEnergies sets out solar, North Gialo plan for Libya
TotalEnergies has signed a solar power plan in Libya, in addition to setting out plans for the Waha concession.
Total and Eni ready billion-dollar energy projects in Libya
France’s TotalEnergies and Italy’s Eni said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and civil war.
Amid Hess sale controversy, Dbeibeh launches presidency bid
Libyan Prime Minister Abdul Hamid Dbeibeh intends to run for president, he announced at the weekend, while also seeming to back a sale of a stake in Waha Oil to TotalEnergies and ConocoPhillips.
Gaddafi son aims to keep it in the family
Saif al-Islam Gaddafi has filed his papers to run for president in Libya’s election, due on December 24.
Decommissioning accident kills four offshore Libya
An accident during decommissioning work at a field offshore Libya has left at least three workers dead.
NOC reports damage to Zawiya refinery
Clashes have “severely damaged” the Zawiya refinery, Libya’s National Oil Corp. (NOC) has reported.
Tatneft returns to Libya after 10-year pause
Tatneft has relaunched operations in Libya, starting work on an appraisal well in the Ghadames Basin.