Tag Archives | Akakus Oil Operations

$20m Fund to Support Communities near Oilfields

By John Lee. The National Oil Corporation (NOC) and a group of international partners made up of Repsol, OMV, Total, and Equinor, known as the ’Repsol Consortium’, have signed a 20-million USD agreement to support a series of sustainable development projects essential for residents adjacent to sites operated by NOC subsidiary Akakus. The 20-million USD […]

NOC lifts Force Majeure at Sharara Oilfield

The National Oil Corporation (NOC) announces the lifting of force majeure at the Sharara oil field following the removal of the armed group responsible for its blockade and production loss of 1.8 billion USD. Sharara operating company Akakus has received written assurance from the Libyan National Army’s Brigadier General Al Rifi Kennah Ahmed Ali, Commander […]

Latest Oil Tenders

By John Lee. The National Oil Corporation (NOC) has advertised new tenders: Cathodic protection, Zueitina Oil Company Freight Forwarding Services, Mellitah Oil & Gas Fire detection, Arabian Gulf Oil Company (AGOCO) Construction of multi-storey car park, Arabian Gulf Oil Company (AGOCO) Drilling, Testing and Completion, Akakus Oil Operations (Source: National Oil Corporation) (Picture: Call for […]

Force Majeure at Libya’s Largest Field

The National Oil Corporation (NOC) declared a state of force majeure at the Akakus-operated Sharara oil field as of Sunday, December 9, 2018. NOC prioritizes the safety of staff and is currently reviewing evacuation procedures following threats to their wellbeing, and the forced shutdown of the oilfield by the armed militia claiming attachment to the […]

Sharara Sub-Station Attacked by Armed Group

National Oil Corporation (NOC) subsidiary Akakus Oil Operation confirms that Sharara oilfield sub-station B-6NC-186 was attacked by an armed group of eight men. No employees were hurt in this attack or production affected by this incident. The armed group stole three company vehicles and the mobile phones of Akakus employees on-site who were later evacuated […]

NOC Chairman receives UN Deputy Special Representative

National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla, has received Ms Stephanie T. Williams, Deputy Special Representative for Political Affairs in Libya. The two parties discussed areas of joint cooperation and means to help strengthen NOC’s fight against rogue groups determined to destabilise security and impede operations. Mr Sanalla summarized the difficulties NOC is facing […]

NOC declares Force Majeure at Zawiya Oil Port

The National Oil Corporation (NOC) has declared force majeure on crude oil loadings at Zawiya port; commencing on Monday 16 July, 2018. This is a result of reduced production at Sharara following the recent attack and kidnap of four Akakus company employees (two were subsequently released). NOC has shut down and evacuated stations 186, 115B […]

Three Dead after Plane Crashes at Sharara Oilfield

By John Lee. The National Oil Corporation (NOC) has confirmed that a C-130 aircraft chartered by Akakus Oil crashed during take-off, 2km from the Sharara oil field, after delivering 18 tonnes of catering and maintenance supplies. The crash occurred took at 12:25pm on Sunday, April 29, 2018. Firefighters and paramedics quickly rushed to the scene. […]