Tag Archives | Sarir Oil Operations Company (SOO)

Wintershall transfers Libyan Contract Areas to SOO

Wintershall Aktiengesellschaft (WIAG) has transferred operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97) in the onshore Sirte Basin to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). After the signing of two Exploration and Production Sharing Agreements (EPSAs) in December 2019, WIAG […]

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 […]