Tag Archives | Ghadames Basin

New Discovery in Ghadames Basin

The National Oil Corporation (NOC) has announced that the Arabian Gulf Oil Company (AGOCO), wholly owned by NOC , reports that it has drilled the G1-NC4 New Field Wildcat well to a total depth of 10,600 feet. The well is in Ghadames Basin located approximately 250 km south of Tripoli. The initial production testing rates […]

BP to "Give Up Control" of Libya Project

BP is reported to be in talks to relinquish control of a major oil and natural-gas project in Libya. The Wall Street Journal says the company is negotiating a deal with the National Oil Corporation (NOC) to transfer a stake in its two Ghadames blocks to the NOC subsidiary Arabian Gulf Oil Company (AGOCO), and […]

New Gas Discovery in Ghadames Basin

The National Oil Corporation (NOC) and its operating partner, Sonatrach (SIPEX) Libya, together with Oil India and Indian Oil, have discovered gas at contract area 95/96 in the Ghadames Basin. The well is located approximately 800 km southwest of Tripoli and 120 km south of El-Wafa Field. The initial production test result from the Ordovician Mamouniyat Formation […]

Technical Mtg Between NOC and BP

A technical meeting was held on Thursday at the headsquarter of the National Oil Corporation (NOC) between the NOC and BP. The meeting was attended by Mr Bashir Garea, NOC exploration Department Manager, and by the department’s and technical staff; and from BP by Mr Richard Woodfine, VP Exploration North Africa; Mr Nick Dendy, Commercial Director […]

New Oil Discovery in Ghadames Basin

The Libyan National Oil Corporation (NOC), along with Algerian state-owned Sonatrach, have made an oil and natural gas discovery in the Ghadames Basin, about 370 miles southwest of Tripoli. The discovery consists of one oil field with a capacity of 8,200 barrels per day (bpd), and a gas deposit with a capacity of 1,700 cubic meters […]

BP Requests Expressions of Interest for Ghadames

BP Exploration Libya Ltd has requested Expressions of Interest from qualifying contractors for the provision of Onshore Aerated Mud Drilling Package in support of BP’s forthcoming exploration drilling campaign in the onshore Ghadames Basin, South West of Tripoli. Scope of Work: Surface Equipment: Main Compressors Booster Compressor Rotating Control Head (RCD) Mist pump Chemical injection […]

Medco Tender for 1500HP Drilling Rig

Medco International Ventures Limited (MIVL) intends to issue a Call for Tender for the supply of 1500HP Drilling Rig for Drilling Locations as described below: Location: Area 47 is located in Ghadames Basin, Libya, block 47, 300 km southwest of Tripoli. Project main objectives: Medco International Ventures Limited (MIVL), Operator for Area 47 in Ghadames […]

Medco Tender for 750HP Drilling Rig

Medco International Ventures Limited (MIVL) intends to issue a Call for Tender for the supply of 750HP Workover Rig for Drilling Locations as described below: Location: Area 47 (pictured) is located in Ghadames Basin, Libya, block 47, 300 km southwest of Tripoli. Project main objectives: Medco International Ventures Limited (MIVL), Operator for Area 47 in […]