The Waha field, which feeds the port city Es Sider, currently produces some 50,000 bopd, according to reports, down from 330,000 prior to the 2011 civil war that damaged many facilities and resulted in widespread political and military chaos in the country.
Es Sider and neighboring Ras Lanuf were seized by a powerful militia in September, after tense negotiations about the possibility of reopening the two ports over the summer.
Libya has set a target of producing 900,000 bopd by the end of the year but could peak at 650,000-700,000 bopd unless major oilfields in the western parts of the country such as El Sharara and El Feel restart too, Reuters reported.
The World Bank has granted Namibia a $138 Read More
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
This website uses cookies.