Petroleum Africa
Find us on: 
Monday, March 30, 2015
Crude exports out of Libya are topping 620,000 bpd according to an NOC official. This is more than 300,000 bpd than reports had the country exporting just six or so weeks ago.
NOC declared force majeure on 11 oil fields in February, with attacks on facilities bringing production to below 275,000 bpd.
A number of firms are aiding Libya in picking up the flow rate, with ENI producing an estimated 250,000 boepd from its Elephant and Wafa fields. NOC’s units are doing their part with Sirte Oil Co. producing upwards of 70,000 bpd and Agoco around 290,000 bpd of crude.
Omran Al-Zuwai Agoco, spokesman, told the Libya Herald that Agoco was, “keeping this current production rate at the moment.”
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
