Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Ibraheim Mejerissi of Wazen Oil Services talks about Libya’s opportunity to increase gas exports to Europe.
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Libya has signed production-sharing agreements with international energy companies to boost upstream exploration and lift output.
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Libya’s NOC has announced three new oil and gas discoveries with Eni, Repsol and Sonatrach across onshore and offshore basins.
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Eni has announced gas discoveries in Libya totalling more than 1 tcf, boosting supply for the domestic market.
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TotalEnergies has restarted production at the Mabruk oilfield in Libya.
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Arabian Gulf Oil Company (AGOCO) chairman Mohamed Ben Shitwan announced Monday that the company is planning a 93-well drilling campaign in its Libyan concessions.…
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Energy 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…
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Libya 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…
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Officials attending OPEC’s Vienna meeting on Friday have amicably agreed to lengthen its oil production policy of unconstrained output for an additional six months.…
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Houston 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…
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The 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…
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Libya 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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Libya’s largest oilfield resumed production on Sunday following a week-long disruption caused by an attack on its pipeline.
Production at the Sarir oilfield…
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Despite oil prices rising to $62 per barrel on Monday, concerns still loom in Libya over the ongoing violence involving Islamic State (IS) militants.
IS executed 21…
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Libya’s National Oil Corporation has made urgent calls for increased official protection for its installations, after an intense fire broke out at an oil pipeline…
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