Tag Archives | BASF

50,000 bpd As-Sarah Fields Reopen

By John Lee. The municipality of Jikharra has decided to reopen the oil fields in its area that have been shut since the beginning of November 2017. According to a statement by the National Oil Corporation (NOC), the “unauthorized shut-down” of the As-Sarah fields in the NC-96 concession by operator Wintershall has resulted in the […]

Wintershall Crisis: NOC Chair meets German Ambassador

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met with German Ambassador to Libya Dr Christian Buck, and briefed him on recent developments surrounding Presidency Council Resolution 270. Sanalla told the ambassador he was pleased to note the Benghazi Appeals Court had ruled that Resolution 270 was not lawful, and that this […]

“No Technical Obstacles” to Oil Output Targets

By John Lee. Libya’s National Oil Corporation (NOC) has said there are no technical obstacles to meeting its short-term production targets of 1.1 to 1.2 million barrels per day (bpd), but adds that output is limited by a dispute with Germany’s Wintershall. In a statement, the NOC said: “Libyan oil production exceeded 800,000 [bpd] for […]

NOC Accuses Wintershall of Interference in Libyan Politics

By John Lee. Libya’s National Oil Corporation (NOC) has accused Germany’s Wintershall, a subsidiary of BASF, of trying to interfere in Libyan internal politics and to take advantage of the weakness of the state. In a statement, the NOC referred to a memorandum of understanding (MOU) signed on August 26, 2010, which extended Wintershall’s 50-year […]

Wintershall can’t Forecast Libyan Oil Production

By John Lee. Germany’s Wintershall has said was able to produce from Libya’s onshore concession 96, on a low level, for a total of 125 days from February to May and from September to the beginning of November 2015, despite what it described as “the difficult political circumstances“. The BASF subsidiary operates eight oil fields […]

Vallourec Partners with Wintershall

French pipeline maker Vallourec has signed a global contract with the German company, Wintershall Holding GmbH (BASF Group). The new, three-year contract, which contains an option to renew, covers the main countries in which Wintershall operates: Germany, the Netherlands, Libya, Abu Dhabi and Norway. The agreement concerns the entire range of Vallourec’s most advanced tubular […]

Mario Mehren to Head Wintershall

Mario Mehren (pictured), currently a member of the Board of Executive Directors of Wintershall responsible for Exploration & Production Russia, North Africa and South America, has been named President of BASF’s Oil & Gas division effective July 1, 2015, and in this function will be head of BASF’s subsidiary Wintershall. He succeeds Dr. Rainer Seele, […]

Wintershall Halts Oil Production in Libya

Wintershall, a wholly owned subsidiary of Germany’s BASF, has again suspended onshore production in concessions C96 and C97 in Libya until further notice. With armed hostilities taking place at more and more oil export facilities, the Libyan National Oil Corporation (NOC) declared Force Majeure in mid-December. Wintershall traditionally transports oil produced in the Libyan desert to […]