U.S. oilfield services provider Weatherford is resuming operations in Libya after a ten-year absence, signaling increased ...

In 2021, Petrofac secured a contract valued at $100m from Zallaf Libya Oil & Gas Exploration and Production Company to engineer, procure, construct and commission surface facilities at the field.

Russia's interest in Libya's oil The country's oil reserves are estimated at 48 billion barrels, attracting interest from energy giants such as Repsol, ENI, BP, and OMV.After years of sanctions ...

Meanwhile, political factions in eastern Libya have shut down major oil fields in protest over disputes at the central bank, further curtailing oil exports—Libya’s primary source of foreign ...

The Sarir field normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total. Last Friday, Libya’s National Oil Corp said recent oilfield closures ...

TRIPOLI: Libya has started a partial production shutdown of its largest oil field, three people with direct knowledge of the operations say. Output at the Sharara field had dropped by 30,000 ...

(Bloomberg) Oil rose with the closure of Libya's largest oil field in a market that is already undersupplied, obscuring signs that closures in China are affecting its economic growth. Brent crude ...

While Libya has Africa’s largest crude reserves, the NOC is struggling to fix oil fields, storage tanks, pumping stations, pipelines and ports. Some have been damaged, while others are corroding ...

Oil prices were rising, with Brent crude up 0.3% at $77.81 a barrel and WTI gaining 0.4% to $74.81 a barrel. Oil has reversed course after two sessions of losses, having slipped despite supply ...

Turkey is in talks to look for oil and gas in ... TPAO is also interested in Libya, which launched its first exploration tender in over 17 years in March, as well as fields in Iraq, Azerbaijan ...