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Home Business

NOC and Spain’s REPSOL need more equipment in Sharara field

byNigel Ash
July 7, 2017
Reading Time: 1 min read
A A

By Libya Herald reporters.

Sharara field (Photo: Akakus Oil)
Sharara field (Photo: Akakus Oil)

Tripoli, 6 July 2017:

Spanish oil company Repsol is working hard to provide additional equipment to the often-closed Sharara oilfield its general manager said today.

With Libya’s oil output unofficially said to have passed the million barrel a day mark, Luis Paolo Navaz held talks with National Oil Corporation (NOC) Mustafa Sanalla about boosting Sharara production from the current 270,000 bpd. Before the Revolution it has a capacity of 400,000 bpd.

A NOC statement after the meeting said that worker security and safety was paramount. Last month, there was a strike at the field after a man drowned.

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Workers were angry at the apparent delay of an air ambulance called in to try and resuscitate the man after he fell into a pool. However, the field reopened with 24 hours.

Sharara is operated by Akakus Oil Company, a joint venture between NOC and Repsol. Austria’s OMV and France’s Total also have a stake.

Until last December Sharara had been shut in. Though pumping then resumed, in April, the field saw a succession of production stoppages  as armed groups blocked the pipeline to the coast at Zawia.

 

Tags: akakusfeaturedLibyaLuis Paolo NavazNOCrepsolSanallaSharara

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