Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
Libya’s National Oil Corp. (NOC) has lifted force majeure at the Brega and Zueitina terminals, allowing in a tanker.
BP, TotalEnergies and ConocoPhillips executives have held talks with Libya’s National Oil Corp. (NOC) on the sidelines of the CERAWeek conference, in Houston.
Poor maintenance at export facilities has driven Libya to shut in exports from the Es Sider terminal, compounding weather-related woes.
Waha Oil has completed maintenance on a pipeline section faster than expected, returning 200,000 barrels per day of production to Libya’s output.
Libyan Prime Minister Abdul Hamid Dbeibeh intends to run for president, he announced at the weekend, while also seeming to back a sale of a stake in Waha Oil to TotalEnergies and ConocoPhillips.
Waha Oil has restarted the Faregh gas field, a year after it was shut down following the January 2020 oil terminal closure.
Libya’s National Oil Corp. (NOC) is in the process of opening an office in London, which will play a key role in the North African’s state production increases.
Waha Oil Co. has cut production in order to carry out maintenance on the 32-inch pipeline connecting fields to the Es Sider terminal.
Sirte Oil Co. and Waha Oil have shut their offices for 10 days, in an attempt to combat COVID-19.