Petroleum Africa
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Friday, April 12, 2013
Ponticelli, a French service firm, has terminated its operations in Libya due to lack of security according to a report in the Libya Herald. Ponticelli is an industrial piping specialist that has operated as a oil field subcontractor in the North African country.
Ponticelli management in France have refused to talk to the Libya Herald about the decision.
The company pulled out the last of its 43 employees working at the Mabrouk field in the SirteBasin at the end of March. It has been a subcontractor for Mabruk Oil, a JV between NOC, Total, and Statoil. According to the report, only one Libyan representative will remain in country.
The incident at Algeria’s In Amenas gas plant just over the border was said to have triggered Ponticelli’s decision.
Ahmed Abdusalam, a Ministry of Economy spokesperson, says Libya regrets but understands the decision: “There is no reason for employees from foreign companies to die for Libya. I cannot force them to stay. So, I cannot feel anger, only sadness. You cannot ask us an impossible thing. Right now Libya is as secure as it can be.â€
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