Tag Archives | Sirte

Sirte Oil Doubles Production

By John Lee. Sirte Oil and Gas has said it has achieved "new and unprecedented crude oil production" which exceeded 100,000 barrels per day, compared with an average rate of 55,000 bpd prior to the oil blockade at the beginning of this year. This increase, which according to the NOC was reached in a record […]

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 […]

US discusses Possible Demilitarization of Sirte

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 engaging with Libya players for possible demilitarization of Sirte United States officials have discussed with foreign governments the possibility of establishing a demilitarized area in and around the Libyan city […]

US says there's No 'Winning Side' in Libya

By Al-Monitor staff. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. The Trump administration is amplifying its calls for a cease-fire in Libya as the Tripoli-based Government of National Accord (GNA), backed by Turkey, threatens to advance on the coastal city of Sirte. Click here […]

US Chargé d'Affaires visits Misrata

On Monday, US Chargé d'Affaires Joshua Harris visited Misrata, Libya to consult with Libyan leaders about forestalling military escalation in Sirte and al-Jufra; reopening Libya's energy sector; and intensifying Libyan efforts to demobilize, disarm, and reintegrate violent militias. In meetings with Deputy Prime Minister Ahmed Maiteeg and Minister of Interior Fathi Bashagha, Chargé Harris reiterated […]

NOC: Deterioration of Security Situation in Gulf of Sirte

Libya's National Oil Corporation (NOC) is deeply concerned at the serious deterioration in the security situation in areas surrounding oil facilities in the Gulf of Sirte. Violent Clashes took place over the past 48 hours in the Brega region, only hundreds of meters away from oil tanks, between armed groups called Al-Saiqa and the Petroleum […]

Study to Develop Sirte Basin Concession 47

By John Lee. National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met on Wednesday, January 29, 2020 with the Japanese consortium in charge of studying the development of concession 47 in the Sirte Basin (Beda and Haram Fields) in accordance with the Memorandum of Understanding signed in 2009. The consortium presented a detailed presentation of […]