Gulf Oil and Gas accountACCOUNT

NOC Announces the Reopening of Jikharra Oil Fields

Source: www.gulfoilandgas.com 1/21/2018, Location: Africa

Share |
After pressure from the National Oil Corporation and the Office of Public Prosecutor, the municipality of Jikharra has decided to reopen oil fields in its area shut at the beginning of November 2017.

The unauthorized shut-down by operator Wintershall of the Sara fields in its NC-96 concession resulted in the loss of 4,400,000 barrels of production at a cost to the Libyan economy of $281,479,385.

The suspension of production by the company was done without the approval of the NOC as stipulated in the interim operating agreement between the parties.

“The restart is a humiliating setback for the parallel structure and for its campaign to shut down Libyan production in the Wahat region and beyond,” said NOC chairman Mustafa Sanalla. “The Public Prosecutor will continue to investigate this crime. The perpetrators and others considering using the tactic should remember this is a very serious offence for which there is no statute of limitations."

For more information about related Opportunities and Key Players visit North Africa Projects

Production News in Libya >>

Libya >>  5/23/2018 - Libyan protesters shut down the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude production feeding Brega port, said a spokesman...
Brazil >>  5/16/2018 - Petroleo Brasileiro S.A. – Petrobras reports that, in April, its total production of oil and gas, including natural gas liquids (NGL), was 2.68 millio...

Iran >>  5/15/2018 - The CEO of the Petroleum Engineering and Development Company (PEDEC) says the company is planning to ramp up crude oil production from the joint Azar ...
Russia >>  5/14/2018 - Site preparation and pre-development for a future diesel fuels hydrotreating facility has been started at the Gazprom Neft Omsk Refinery. The new comp...

Libya >>  5/13/2018 - Libya’s offshore Bahr al-Salam gas field has resumed operations with production of 380 million cubic feet per day, state firm NOC said after completin...
Egypt >>  5/10/2018 - Eni announces the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcfd. Zohr is now producin...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Libya >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.