Tag Archives | Statoil

New Initiative to Enhance Security in Libya’s Oil Sector

The National Oil Corporation (NOC) is implementing new measures to enhance industrial security in Libya’s oil sector, following a meeting between security directors from NOC and ten international oil companies (IOCs). Among those attending the meeting were directors of NOC industrial security departments, Zulaf Libya Company, and IOC’s including OMV, Schlumberger, Repsol, Wintershall, the Polish […]

Sharara Oilfield Resumes Production; NOC to Sue

By John Lee. The National Oil Corporation (NOC) confirmed on Monday that production at the Sharara oil field has resumed following 24-hour suspension. The stoppage caused half a million barrels of production to be lost, at an estimated cost of $30 million. Hassan Mohamed al-Hadi, a landowner in the western Zintan area, told Reuters: “I […]

Sharara Oil Field closed since Sunday

By John Lee. An armed group — believed to be Brigade 30 — forced the closure of the giant Sharara oilfield late on Sunday. Mustafa Sanalla, National Oil Corporation (NOC) chairman, said on Monday that the closure had already caused a loss of $16 million. Production at Sharara is normally in the range of 230,000-to-280,000 […]

Sharara Oilfield Shut Again

By John Lee. Libya’s largest oilfield has reportedly been closed since Saturday because of a pipeline blockade. According to Reuters, the National Oil Corporation (NOC) declared force majeure on loadings of Sharara crude from the Zawiya oil terminal. Sharara is run as a joint venture between the NOC, Repsol, Total, OMV and Statoil. In recent […]

NOC Chairman meets Deputy Head of Statoil

Eng. Mustafa Sanalla, NOC Chairman of the Board, held a meeting with Mr. Fadel Hareeb Vice General Manager of Statoil on Sunday 18 June 2017 at NOC headquarters in Tripoli. The meeting discussed plans for production increase from El Sharara Oil Field and the relevant problems. Within the framework of mutual cooperation Mr. Fadel Hareeb, […]

Sharara Oilfield Reopens

By John Lee. The Sharara oil field has reportedly reopened following a protest by workers. Reuters said that the field, which had been producing nearly 270,000 bpd, was closed on Wednesday by workers protesting at a lack of medical treatment for a colleague who died in a swimming pool accident. The field is operated by […]

Sharara Oilfield Resumes Production

The National Oil Corporation (NOC) has announced that production at the Sharara oilfield reached 58,000 barrels on Wednesday, according to a report from Reuters. The NOC confirmed on Tuesday the reopening of pipelines connecting the Sharara oil field to Zawiya refinery, and the El-Feel [El Fil, Elephant] oil field to the Mellitah complex. The pipelines […]

NOC Continues Meetings with Energy Cos

By John Lee. The head the National Oil Corporation (NOC) is continuing his series of meetings with major oil companies, as it attempts to “mitigate the effects of the current circumstances” on the oil industry. Over the past week Mustafa Sanallah has met with companies including Total, Eni, Statoil, BP, Medco, Sipex (Sonatrach International Production and […]