Tag Archives | Sharara

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 […]

Armed Group forces New Production Stop at Sharara

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Libya says armed group forces production halt at major oil field Days after the reopening of a key oil field, Libya's National Oil Corporation (NOC) blamed a group tied to renegade commander Khalifa […]

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 […]

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 […]

$20m Fund to Support Communities near Oilfields

By John Lee. The National Oil Corporation (NOC) and a group of international partners made up of Repsol, OMV, Total, and Equinor, known as the ’Repsol Consortium’, have signed a 20-million USD agreement to support a series of sustainable development projects essential for residents adjacent to sites operated by NOC subsidiary Akakus. The 20-million USD […]