Tag Archives | Sharara

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 […]

NOC "will not Reopen Sharara if Ransom is Paid"

National Oil Corporation (NOC) chairman, Mustafa Sanalla has said any attempt to pay off the armed militia occupying the Sharara oil field would set a dangerous precedent that imperils Libya's recovery, and the funds would be better spent investing in communities and providing basic services to the most vulnerable. In a letter to the chairman […]