Libya’s national oil corporation (NOC) has disclosed that Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, According to the National Oil Corporation (NOC), Repsol, the Spanish oil company, is equally preparing to restart drilling in the Murzuq Basin, while Austria’s OMV plans […]

Italy’s Eni considers Libya a key country for upstream activities and plans to start exploration in the Ghadames basin next year, the energy group’s head of North Africa and Levant said on Monday. “We have never stopped looking at Libya as a crucial region for oil and gas production,” Martina Opizzi said during a panel […]

Libya’s National Oil Corporation NOC said in a statement released on Sunday that the Sharara oilfield has suspended crude oil supplies to Zawiya terminal. According to NOC a force majeure was declared with immediate effect at its Sharara oilfield due to protests in the area. The Sharara oil field is capable of producing more than […]

Eni, through its branch Eni North Africa, and the International Organization for Migration (IOM) have signed a voluntary 5-year-term cooperation agreement to contribute to increase income of youths and to facilitate the access to economic opportunities in Libya’s Fezzan region.  The project will benefit 850 trainees, both female and male, and will enhance their professional […]

SONATRACH said the company has resumed operations in Libya. This was announced by the company when the Chairman and CEO of the SONATRACH Group, Mr. Rachid HACHICHI, led a high-level delegation made up of senior executives of the SONATRACH Group for a courtesy visit to the National Oil Company (Libya), in Tripoli. This visit is […]

Following the devastating floods that have hit Libya last week as a result of storm Daniel, Eni, in cooperation with the Libyan National Oil Corporation (NOC)’s emergency committee, has mobilized the provision of supplies, rescue teams, and critical equipment to support the people affected by the disaster. So far, Eni has supplied medicines and medical […]

Saipem has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP), worth approximately 1 billion USD. Saipem will undertake revamping of the platforms and of the facilities of the […]

Eni has formalised with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%. Force Majeure, declared in 2014, was revoked following the completion by […]

Libyan National Oil Corporation was forced to halt production after unidentified protesters entered Al-Fil oil field. The closure of the Al-Fil oil field comes as the Russian invasion of Ukraine has rattled markets worldwide, causing crude oil prices to soar above $106 per barrel . Located some 750km (466 miles) southwest of Tripoli, the Al-Fil […]

The Chairman of the Board of Directors of the National Oil Corporation (NOC), Mr. Mustafa Sanalla was recently met with the Vice President of Halliburton for the Middle East and North Africa, Mr. Sid White, and the Regional Manager of the company, Mr. Colby Fuser, and the General Manager of the company’s branch in Libya, […]