Libya’s crude production exceeded 700,000 B/D and is expected to keep rising as working conditions in the conflict-ridden country improve for international companies such as Eni and Total, an official from the state oil company said.
The North African country’s crude production is expected to reach 1.2 million B/D by August and 1.7 million by March 2018 when the nation’s ports and export terminals will be operating at full capacity, Jadalla Alaokali, board member of Libya’s National Oil Corp., said in an interview in Cairo. Output at the El-Feel, or Elephant, oil field is expected to resume within 1 month, pumping 75,000 B/D, he said.
Eni and Total are working in Libya without difficulty, and Schlumberger resumed operations in the country about 3 months ago, he said. Eni is expected to start production from an offshore area in 5 years, he said.
“Eni and Total are working there with no problems, so the situation is improving every day in Libya, and I’d like to take this opportunity as an introduction for those who have interest to work in Libya,” Alaokali said. “More than 45% of the land is still virgin, hasn’t been explored, so we still have large areas that haven’t been discovered, so the opportunity is there.”
Read the full tory here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
11 Nov 2018
- Abu Dhabi, UAE
Training course by Dr. Kamel Ben-Naceur
27 Sep 2018
- Dallas, Texas
7 - 8 Nov 2018
- Austin, Texas, USA
This workshop is designed to exchange a wide range of perspectives, knowledge, and concepts around environmental stewardship in upstream unconventional resource development.
12 - 15 Nov 2018
- Abu Dhabi, UAE
Join us for this key regional event.
5 - 7 Nov 2018
- Houston, Texas
Attend and take this opportunity to contribute to the expanding interest in onshore and offshore activities at high latitude!
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2018 Society of Petroleum Engineers, All Rights Reserved.