Tag Archives | Waha Oil Company (WOC)

NOC declares Force Majeure after LNA Blockades Exports

NOC declares force majeure after LNA blockades oil exports from Brega, Ras Lanuf, Hariga, Zueitina and Sidra ports The LNA General Command and the Petroleum Facilities Guard of the Central and Eastern Regions  have instructed the managements of Sirte Oil Company, Harouge Oil Operations, Waha Oil Company, Zueitina Oil Company and Arab Gulf Oil Company […]

Total to Invest $650m in Waha Field

By John Lee. Tbe National Oil Corporation (NOC) has announced its approval of Total’s acquisition of Marathon Oil Libya Limited (MOLL)‘s stake in the Waha concessions, which represents 16.33 percent of the concessions. According to NOC, Total has committed to invest 650 million USD to the development of the Waha concessions and to ramp up […]

Faregh Phase II Commissioning Boosts Production Capacity

By John Lee. The National Oil Corporation (NOC) has announced the completion of commissioning of the Faregh field Phase II by Waha Oil Company (WOC). On Friday, November 8, 2019, final performance tests were successfully completed. The operation of the plant’s systems – including its surface equipment, pipelines system, gas compressors, gas filtration and drying […]

Petrofac Wins 2 New Contracts in Libya

By John Lee. Petrofac has been awarded a contract by Waha Oil Company (WOC) to produce a Front-End Engineering Design (FEED) for its Gialo III field, onshore Libya. The work will be executed over a schedule of 41 weeks and will support WOC’s planned programme of development over the coming years. Petrofac has also been […]

Production Suspended at Gialo Oilfield for Pipeline Maintenance

By John Lee. Waha Oil Company (WOC) engineers and technicians have begun maintenance of the 30-inch crude oil pipeline connecting the Gialo and Waha oilfields. Gialo oilfield’s 130,000 barrels per day production is anticipated to be offline for ten days while engineers replace 18 kilometres (km) of the 152 km pipeline, according to a statement […]

Additional Capacity Added at Faregh Oilfield

By John Lee. Waha Oil Company (WOC), a subsidiary of the National Oil Corporation (NOC), has completed preparations on another horizontal well in the Faregh oil field ahead of the planned start of second-phase experimental gas production by the end of the first quarter of 2019. Initial tests indicate that the B B-14-59 well is […]

GNA to examine Total-Marathon Deal

By John Lee. According to a report from Reuters, Libya is considering whether to intervene in Total‘s $450-million deal to buy Marathon Oil’s stake in the Waha oil field. Officials told the news agency that the National Oil Corporation (NOC) may be interested in buying the 16.33-percent stake, possibly with funds from Libya’s $67-billion sovereign wealth […]

Fire on Oil Pipeline feeding Es Sider

By John Lee. Libya’s National Oil Corporation (NOC) has confirmed that a fire broke out on 21st April 21 along the El-Zkout-Al Sidra oil pipeline, operated by the Waha Oil Company (WOC). The line connects the oil fields to the Sidra oil terminal. Initial investigations indicate that the fire occurred 117km from Zkout and 21km […]