Tag Archives | Germany

55 Points Agreed at Berlin Conference

Joint Statement by the President of the European Commission, Ursula von der Leyen, and the High Representative/Vice-President, Josep Borrell Fontelles The Berlin Conference on Libya brought together the most influential regional and international partners at this critical moment in the Libyan crisis. 55 points were agreed today by the attending countries and organisations. The participants […]

Libya protagonists pledge to Halt Weapon Transfers

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Key states have agreed to support a full ceasefire to end Libya’s civil conflict and uphold a United Nations arms embargo at a summit in Germany. But Libya’s warring leaders renegade military commander Khalifa […]

Wintershall Oil Concessions converted to EPSA IV format

In implementation of a Memorandum of Understanding (MoU) signed on August 26, 2010 between the National Oil Corporation (NOC) and Wintershall Aktiengesellschaft (WIAG) and approved by decision No. 468/2010 of the General People’s Committee at the time, and following negotiations and the necessary government approvals, NOC and WIAG have signed two EPSAs for Areas 91 […]

“Support to Municipalities in Libya” Workshop

In the framework of “Support to Municipalities in Libya” programme, co-financed by the European Union and Germany, a workshop was organised, gathering 16 municipalities across Libya. The objective is to develop institutional capacities for improved delivery of services at the local level. The project is intended to provide institutional assessments, institutional development plans and to […]

Wintershall DEA “Considering Libya Exit”

By John Lee. German Oil and gas firm Wintershall DEA is reportedly considering exiting Libya following disagreements with the National Oil Corporation (NOC) over licences. Handelsblatt reported that the company’s Chief Executive Mario Mehren, and Hans-Ulrich Engel, CFO at BASF – which holds a 67% stake in Wintershall – have met with a senior representative […]

Joint Statement on National Oil Corporation (NOC)

Joint statement by the Ambassadors and Chargés d’Affaires of France, Germany, Italy, Turkey, the United Arab Emirates, the United Kingdom and the United States of America: “We fully support Libya’s National Oil Corporation (NOC) as the country’s sole independent, legitimate and nonpartisan oil company. “Now is the time to consolidate national economic institutions rather than […]

Germany aims to host Libya Conference

By John Lee. Germany aims to host a conference about Libya this year in conjunction with the United Nations to try to stabilise the oil producing country, where rival factions have been fighting over the capital, Germany’s ambassador to Libya said on Wednesday, Reuters reports. The plans, which are still in the early stages according […]

AGOCO discusses Projects with Germany’s Ferrostaal

By John Lee. Representatives from the Arabian Gulf Oil Company (AGOCO) has met with German company Ferrostaal to discuss, amongst other things, a water treatment project at Area 91. They also discussed the technical and financial status of the J22 gas project, and the project to link the concession wells (MN4) in Hamada field. (Source: […]