Tag Archives | Petroleum Facilities Guard (PFG)

NOC lifts Force Majeure at El-Feel

The National Oil Corporation (NOC) has announced the lifting of force majeure at El-Feel (El Fil, Elephant) field, that has existed since February 23 2018. The dispute caused by the local Petroleum Facilities Guards’ (PFG) demands regarding pay and benefits was brought to an end, and pumping at the field is expected to resume to […]

Libya loses over $145m due to El Feel Closure

By John Lee. The National Oil Corporation (NOC) has said that Libya has lost over $145 million since the closure of the El Feel [El Fil, Elephant] field on a month ago. Xinhua quotes a senior official as saying: "Al-Fil oil field, which produces more than 70,000 barrels of oil per day, is still closed […]

Disruption at El-Fil hits Oil Exports

By John Lee. The National Oil Corporation (NOC) has declared force majeure on the 70,000-bpd el-Feel [El-Fil, Elephant] field from Friday February 23, 2018, following the shutdown of the field and the evacuation of its employees. A statement from the NOC said the actions were taken after members of the Fezzan unit of the Petroleum […]

NOC to open US Office to support $20bn Spending Prog

By John Lee. National Oil Corporation (NOC) Chairman Mustafa Sanalla has announced the NOC will open an office in Houston, Texas, as it embarks on an ambitious $20 billion spending program to restore production capacity over the next three years. “The Houston office puts America’s world-class equipment manufacturers and oil field service providers at the […]

Oil Blockade "a National Tragedy"

By Jobn Lee. The National Oil Corporation (NOC) says more than 360,000 barrels per day of Libyan crude oil production has been shut in by what it describes as a "criminal militia" operating in Western Libya, at a cost to the country of $160 million in lost production. "These gangsters are not only harming the […]

Sharara Oilfield Reopens

The National Oil Corporation (NOC), Zintan Elders Council, and Petroleum Facilities Guard (PFG) have welcomed a new accord to reopen unconditionally the blockaded Sharara oil field, restoring over 200,000 barrels per day of Libyan oil production with immediate effect. This will also allow reopening of the El Feel [El Fil, Elephant] oil field, which produces […]

NOC Ends Foreign Investment Moratorium

The chairman of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, has announced plans to allow foreign oil companies to invest again in Libyan oil production: “We intend in the coming months to lift our self-imposed moratorium since 2011 on foreign investment in new projects to achieve the best national interest for the Libyan oil sector […]

Restart of El Feel, Sharara Oil Fields 'Halted'

Bloomberg reports that Libya's Petroleum Facilities Guards (PFG) have prevented two of the country’s biggest fields -- El Feel [El Fil, Elephant] and Sharara -- from resuming production. This comes days after the National Oil Corporation (NOC) reached an agreement to restart operation after they were shut more than a year and a half ago. […]