Tag Archives | force majeure

Mellitah to Resume Production at El Fil Oilfield

By John Lee. Libya's National Oil Corporation (NOC) has announced the ending of the blockades in all Libyan fields and ports as of today 26 October 2020. It added that instructions have been given to Mellitah Oil & Gas to resume production at the Al Feel [El Fil, Elephant] oil field. (Source: NOC)

Libya Lifts Force Majeure on Sidra & Ras Lanuf Ports

By John Lee. The National Oil Corporation (NOC) has declared the lifting of Force Majeure status at Sidra and Ras Lanuf ports as of Friday 23 October 2020. In a statement, the NOC said instructions have already been given to start production arrangements subject to the standards of general security and safety precautions and the […]

NOC Lifts Force Majeure at Al Sharara Field

By John Lee. The National Oil Corporation (NOC) has announced that it has reached what it describes as an 'honor agreement', under which the Petroleum Facilities Guards (PFGs) "abides by ending the entire obstacles that face Al Sharara Field in a way that guarantees there will be no security breaches and in a way that […]

Libya to Resume Oil Production at Facilities without Militia

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Intel: Libya to resume oil production at facilities without militia, Wagner fighters Libya's National Oil Corporation (NOC) lifted its force majeure on certain oil facilities this weekend after eastern Libya's Gen. Khalifa Hifter said […]

Lifting of Force Majeure on Zueitina Port

By John Lee. As of Tuesday, September 22, 2020, the Zueitina Oil Company has been instructed by the NOC to resume production at the company's oil fields, and export from Zueitina Port. This follows a security assessment by the NOC. In a statement tbe NOC said: "It is worth noting that Zueitina Oil Company is […]

NOC confirms Continuation of Force Majeure at Ports

The National Oil Corporation (NOC) has confirmed the continuation of force majeure on Hariga, Brega, Zueitina, Es Sider and Ras Lanuf ports, following orders by Major General  Nagi al-Moghrabi, commander of the Petroleum Facilities Guard (PFG) in the Eastern Region, and Colonel Ali al-Jilani from Greater Sirte Operations Room, to NOC subsidiaries on January 17, […]

Divide deepens as Eastern Forces Close Oil Ports

By George Mikhail for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Libyan divide deepens as eastern forces shut down oil ports A new weapon is being used as a means of pressure in the Libyan conflict. Namely, Libya’s oil. The Tripoli-based National […]

Force Majeure cost Eni JV $9.4m Per Day

By John Lee. Mustafa Sanalla, Chairman of National Oil Corporation (NOC), met with an Eni delegation led by Eni’s Chief Upstream Officer, Alessandro Puliti, Tripoli (Libya), on January 29, 2020 – to discuss status of current shared projects and the consequences of the current blockades for Libya’s people and hydrocarbon production facilities. Sanalla thanked Eni […]