• 5 mins Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 18 hours Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 18 hours Oil Gains Spur Growth In Canada’s Oil Cities
  • 19 hours China To Take 5% Of Rosneft’s Output In New Deal
  • 20 hours UAE Oil Giant Seeks Partnership For Possible IPO
  • 20 hours Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 21 hours VW Fails To Secure Critical Commodity For EVs
  • 22 hours Enbridge Pipeline Expansion Finally Approved
  • 23 hours Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 24 hours OPEC Oil Deal Compliance Falls To 86%
  • 2 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 2 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 2 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 2 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 2 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 2 days Aramco Says No Plans To Shelve IPO
  • 4 days Trump Passes Iran Nuclear Deal Back to Congress
  • 5 days Texas Shutters More Coal-Fired Plants
  • 5 days Oil Trading Firm Expects Unprecedented U.S. Crude Exports
  • 5 days UK’s FCA Met With Aramco Prior To Proposing Listing Rule Change
  • 5 days Chevron Quits Australian Deepwater Oil Exploration
  • 5 days Europe Braces For End Of Iran Nuclear Deal
  • 5 days Renewable Energy Startup Powering Native American Protest Camp
  • 6 days Husky Energy Set To Restart Pipeline
  • 6 days Russia, Morocco Sign String Of Energy And Military Deals
  • 6 days Norway Looks To Cut Some Of Its Generous Tax Breaks For EVs
  • 6 days China Set To Continue Crude Oil Buying Spree, IEA Says
  • 6 days India Needs Help To Boost Oil Production
  • 6 days Shell Buys One Of Europe’s Largest EV Charging Networks
  • 6 days Oil Throwback: BP Is Bringing Back The Amoco Brand
  • 6 days Libyan Oil Output Covers 25% Of 2017 Budget Needs
  • 6 days District Judge Rules Dakota Access Can Continue Operating
  • 7 days Surprise Oil Inventory Build Shocks Markets
  • 7 days France’s Biggest Listed Bank To Stop Funding Shale, Oil Sands Projects
  • 7 days Syria’s Kurds Aim To Control Oil-Rich Areas
  • 7 days Chinese Teapots Create $5B JV To Compete With State Firms
  • 7 days Oil M&A Deals Set To Rise
  • 7 days South Sudan Tightens Oil Industry Security
  • 8 days Over 1 Million Bpd Remain Offline In Gulf Of Mexico
  • 8 days Turkmenistan To Spend $93-Billion On Oil And Gas Sector
5 Players To Watch In The FinTech Revolution

5 Players To Watch In The FinTech Revolution

Artificial Intelligence and Blockchain tech…

Is The War On Coal Really Over?

Is The War On Coal Really Over?

Even if the EPA manages…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Wafa Field Reopens In Libya After Local Elders Negotiate Deal With Armed Group

Libya

The Wafa oilfield in the western side of Libya has reopened oil and gas pipelines to its nearby port after local elders negotiated an agreement with an armed group that had caused the National Oil Company to enact a force majeure.

The NOC said in an announcement on Wednesday that the force majeure has been lifted and that 450 million cubic feet of gas, 9,000 barrels per day of oil and 7,500 barrels per day of condensate would be begin production over the next few days, according to Reuters. The shutdown began on March 26th.

Wafa is a joint venture by the NOC and the Italian oil major Eni. The partnership works under the shared subsidiary Mellitah Oil Co.

Now, the NOC will redirect its energy to end the halt at the Sharara oilfield that began on Sunday. The company just resolved a week-long stoppage at the major field one week ago. The site produces 220,000 barrels per day of the nation’s 700,000 bpd output.

Another problem spot is the el-Feel oilfield in southwestern Libya, which, like the Wafa field, pumps to the Mellitah port. A branch of the Petroleum Facilities Guard (PFG) has blockaded the site since December 20th – a hiatus that has left a $460-million hole in Tripoli’s revenues.

Related: Is The Oil Price Rally Running Out Of Steam?

"We are still exerting pressure to reopen it," NOC Chairman Mustafa Sanalla said on Wednesday.

In addition, forces loyal to the Government of National Accord and the Libyan National Army, which is affiliated with the House of Representatives and the rival government in the East, are fighting for control over an airbase in southwestern Libya. The Tamenhint airbase is currently under the control of the GNA forces but the LNA is advancing.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News