Technip of France has sealed an agreement for a platform refurbishment job in Libya with a consortium comprising Eni and the National Oil Company. Valued at USD 500…
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Oil Reserves48.4 billion barrels
Gas Reserves1.4 tcm
Libya is targeting an increase in oil production of 50% to 2 million bopd within five years and is planning a bid round.
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Libya’s National Oil Corporation has declared force majeure at its Sharara oilfield project due to protests, Reuters reported…
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Abdulmuin Alyousef, CEO of Completion Energy, talks to The Energy Year about the company’s strategy to export technologies…
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Atif 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…
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Bassam 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…
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Saipem 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…
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Eni has revoked force majeure status on onshore and offshore exploration blocks in Libya after nine years, the Italian energy giant announced on Thursday.
The…
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Technip of France has sealed an agreement for a platform refurbishment job in Libya with a consortium comprising Eni and the National Oil Company. Valued at USD 500…
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On Thursday, the Seachance oil tanker started loading its 600,000-barrel Glencore cargo at the port of Masra Al Hariga after a delay of some three weeks. The vessel had…
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Libya will have to shut down some if its major oilfields if the blockade of Marsa Al Hariga port continues, a spokesperson for the Tripoli-headquartered National Oil…
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Saleh S. Abdali, the managing director of Libya Oil, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years. Libya Oil…
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The state of emergency in Alberta’s oil sands region, where wildfires have necessitated the mandatory evacuation of Fort McMurray, as well as tensions in…
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Attack on Libyan oil facilities will not stop unless a UN-backed unity government is put into place, the head of the country’s state-run National Oil Corporation,…
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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…
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Clashes 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…
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Following 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…
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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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