Suspected Islamic State (IS) militants have attacked and set oil storage tanks at the Ras Lanuf terminal in Libya on fire, government officials reported on…
READ MORELibya Overview
in figures
Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Libya: North Africa's Oil Heavyweight
Libya is targeting an increase in oil production of 50% to 2 million bopd within five years and is planning a bid round.
READ MORELibya’s National Oil Corporation has declared force majeure at its Sharara oilfield project due to protests, Reuters reported…
READ MOREAbdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies developed locally and its success in…
READ MOREAtif Arikat, managing director of Al Ghaith Energy, talks to The Energy Year about how energy market dynamics are evolving in the UAE, the company’s strategy for…
READ MOREBassam Bamagous, chairman of the board of Advanced Precision Industrial Services (APS), talks to The Energy Year about the company’s transition from a machining shop…
READ MORESaipem has signed a EPCIC contract with Eni worth around USD 1 billion to revamp platforms and facilities on the offshore Bouri gasfield in Libya, the Italian…
READ MOREClashes between the Islamic State and Libyan guards have led to fires near the country’s ports, spreading to four oil tanks, according to Reuters report on…
READ MOREFollowing the September start of its export deal with Libya’s National Oil Corporation (NOC), commodities trader Glencore has stated that it recognises the company as…
READ MOREArabian Gulf Oil Company (AGOCO) chairman Mohamed Ben Shitwan announced Monday that the company is planning a 93-well drilling campaign in its Libyan concessions.…
READ MOREEnergy giant Engie is planning a pipeline link between France and Switzerland to allow gas from Azerbaijan, Algeria and Libya to flow to northern Europe via…
READ MORELibya is producing around 432,000 barrels of oil per day (bopd) of which 300,000 bopd are exported to international markets, according to Mustafa Sanallah, chairman of…
READ MOREOfficials attending <a href='https://theenergyyear.com/companies-institutions/opec/’>OPEC’s Vienna meeting on Friday have amicably agreed to lengthen its…
READ MOREHouston subsea company OneSubsea has been awarded contract that amounts to more than $330 million for work on a gas project off the coast of North Africa.
OneSubsea…
READ MOREThe largest oil port in Libya, Es Sider, may reopen in two weeks with the fighting in the area getting less, as the rival governments in the country compete for the…
READ MORELibya will halt production at 11 oilfields, the National Oil Corporation announced Wednesday citing force majeure. Militants claiming affiliation with Islamic State…
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