Tag Archives | Repsol

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 holds Meeting with Repsol

Mustafa Sanalla, NOC Chairman, held a meeting with Mr. Luis Polo Navas Director of Libya Business Unit at Repsol on Sunday. The meeting discussed the disturbances that happened last week in which workers at the Control Room of Ez Zawia Tank Farm were attacked. The Chairman familiarized Mr. Navas with the communications that were exchanged […]

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 […]

NOC to raise Production at Sharara

National Oil Corporation (NOC) Chairman Mustafa Sanalla held a meeting on  Tuesday with Luis Paolo Navaz, General Manager of Repsol (Libya) and Deputy General Manager Al Mehdi Esmama. The meeting discussed plans to increase the production of Akakus Oil Company, the operator of the Al Sharara oil field whose production is currently at 200,000 barrels/day; […]