Tag Archives | Sharara Field

NOC Lifts Force Majeure at Al Sharara Field

By John Lee. The National Oil Corporation (NOC) has announced that it has reached what it describes as an 'honor agreement', under which the Petroleum Facilities Guards (PFGs) "abides by ending the entire obstacles that face Al Sharara Field in a way that guarantees there will be no security breaches and in a way that […]

NOC Condemns PFG incursion at Sharara

From the National Oil Corporation: Libya's National Oil Corporation (NOC) expresses its strong dissatisfaction with the continued militarization of its fields after the commander of the southern region, Al-Mabrouk Sahban, entered the Sharara oilfield, which belongs to Akakus Oil Operations Company, by force, on Saturday August 29, 2020. Al-Mabrouk Sahban was accompanied by 20 members […]

NOC: Russian Mercenaries Enter Key Oil Field

By Jared Szuba for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. US commander suggests sending military trainers to Tunisia after Russia sends aircraft to Libya A convoy of Russian mercenaries entered Libya's Sharara oil field and met with the facility's security forces […]

Two Major Libyan Oil Fields Restart

By John Lee. The National Oil Corporation (NOC) has announced the resumption of oil production at El Feel [El Fil, Elephant] oilfield on Sunday June 7, 2020 and confirms the lifting of force majeure on crude oil exports from the Sharara and El Feel fields as of Sunday and Monday, 7th and 8th June 2020 […]

NOC to Produce LPG at Sharara Oil Field

The National Oil Corporation's subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the Sharara oil field. This cooking gas will then be made available to residents in Southern Libya at its legal price. Capturing flare gas and putting it to good use […]

Zawiya Refinery Shut Down, causing Further Losses

The National Oil Corporation (NOC) has confirmed that it was forced to shut down the Zawiya refinery on Saturday, February 8, 2020 as a result of a valve closure in the Hamada region, on the main pipeline between Sharara field and Zawiya refinery, halting production at the field. The refinery shutdown will exacerbate the problem […]

Total to Invest $650m in Waha Field

By John Lee. Tbe National Oil Corporation (NOC) has announced its approval of Total’s acquisition of Marathon Oil Libya Limited (MOLL)'s stake in the Waha concessions, which represents 16.33 percent of the concessions. According to NOC, Total has committed to invest 650 million USD to the development of the Waha concessions and to ramp up […]

NOC, Equinor, Suncor discuss Plans for Production Increases

By John Lee. Mustafa Sanalla, Chairman of the National Oil Corporation (NOC), conducted a series of meetings in London to discuss recent oil and gas sector developments in Libya. Mr. Sanalla met with Mr. Joe Smargiassi, General Manager of Suncor Libya, to examine mechanisms to enhance cooperation. They focused on the activation of a Joint […]