1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Report: Deal Reached to Resume Oil Export from Libya’s Hariga Port

    17 May 2016
    Business & Finance

    Representatives of the two rival governments in Libya have reportedly reached a deal that will allow for the continuation of oil shipments from the country’s Marsa El Hariga port. The agreement between the Tripoli-based and Beyda governments has been sealed following talks in Vienna, Reuters reports, citing unnamed sources close to the negotiations. The key argument for closing […]

  • Oil Tanker Bombed off Libyan Coast

    25 May 2015

    An oil tanker was bombed on Sunday by Libya’s government airplanes while anchored to offload fuel cargo at a terminal near the city of Sirte, controlled by Islamist leaders. One person was killed and another injured in the bombing that saw the tanker Anwaar Afriqya burst into flames, the Libya News Agency reported. The 30,000 […]

  • Newly Acquired SOSH to Assist Heritage with Offshore Malta Ops

    4 October 2011
    Business & Finance

    Heritage Oil Plc , an independent upstream exploration and production company announces that a wholly owned subsidiary has acquired a controlling 51% interest in Sahara Oil Services Holdings Limited (“SOSH”) which holds  the necessary long term permits and licences to provide oil field services in Libya, for cash consideration of US$19.5 million. Through this acquisition […]

  • Hundreds Feared Dead after Boat Carrying Migrants Sinks off Libya

    28 August 2015

    Around 200 people are missing and feared dead after an overcrowded boat carrying African migrants across the Mediterranean capsized off the coast of Libya on Thursday, Reuters reports. The boat was carrying around 400 people when it sank off the town of Zurawa, Reuters cited a Libyan security officer as saying. The initial reports suggest […]

  • BP Delays Drilling Offshore Libya Until 2011 for Operational Reasons

    10 December 2010
    Project & Tenders

    BP PLC today said it will delay its plans to drill offshore Libya until next year, citing a decision not to use its original drill rig for “operational reasons.” “We’re changing the rig,” a company spokeswoman told Dow Jones Newswires. “Current plans are to begin drilling onshore and offshore in 2011.” Libya’s top oil official […]

  • UN Blacklists India-Flagged Tanker for ‘Illegal’ Oil Cargo

    28 April 2016

    The UN Security Council Committee has blacklisted India-flagged tanker Distya Ameya for being involved in attempts to “illicitly export crude oil from Libya.” Namely, the tanker is reported to have loaded 650,000 barrels of crude oil shipped by the rival eastern Libya government for UAE-based DSA Consultancy FZC, and had left Marsa el-Hariga port late […]

  • Libya: Exports from Marsa el-Hariga Still Blocked, Two Cargoes Cancelled

    13 May 2016
    Business & Finance

    Oil exports from Marsa el-Hariga port located at Tobruk, Libya, continue being blocked by Beyda government in Libya, according to Tripoli-based National Oil Corporation (NOC). The announcement came as a reaction to claims by Abdulssalam el-Badri, the deputy prime minister of the Beyda government, that crude oil loadings are continuing at the port. “This is […]

  • Repsol net income falls. Production rises despite interruptions in Libya

    26 February 2014

    Spanish Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. The company said that these earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during […]

  • Chinese Energy Majors Evacuate staff from Libya Amid Unrest

    28 February 2011

    China’s three major state-owned oil and gas companies have evacuated all their Chinese employees out of Libya, the companies said. China National Petroleum Corp (CNPC), parent of PetroChina , said it has halted production operations and sealed equipment in Libya and evacuated all of its 391 Chinese employees.

  • First crude oil shipment offloaded from Gaza FSO in Libya

    13 February 2017

    The first crude oil cargo was offloaded from the Gaza Floating, Storage, Offloading unit (FSO) offshore Libya on Saturday February 11, 2017. The Gaza was launched to replace the Sloug floating, storage, offloading unit at Mellitah Oil and Gas Company’s Al Bouri offshore field. The new floating storage unit was built in South Korea. The Gaza FSO, of […]

  • Eni strikes gas offshore Libya. Boosts Merakes gas finding

    16 March 2015
    Project & Tenders

    Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential. Furthermore, the company has made a gas discovery offshore Libya.  Eni is the operator of the East Sepinggan Block with an 85% interest. The new studies upgrade the potential of Merakes from […]

  • Hundreds of Migrants Feared Dead after Boat Capsizes off Libya

    6 August 2015

    Hundreds of migrants trying to reach Europe via the Mediterranean are feared dead after their fishing boat sank some fifteen miles off Libyan coast Wednesday. The International Organization for Migration (IOM) reported that rescuers, led by the Italian Coast Guard, saved 400 people and pulled 25 bodies from the water so far. Around 175 people are still missing. The Irish […]

  • Oil & Gas Supply Disruption from Libya Affects Eni Business Activities

    29 July 2011
    Business & Finance

    Eni, the international oil and gas company, today announces its group results for the second quarter and the first half of 2011 (unaudited). Financial Highlights Adjusted operating profit: € 9.1 billion in the first half (up 8%); € 4 billion in the quarter (down 3%). Adjusted net profit: € 3.63 billion in the first half […]

  • NATO to Minimize Impact of Libyan Operation on Merchant Shipping

    23 June 2011

      NATO is working to ensure that shipping in the Mediterranean, one of the world’s most important shipping areas, is not disrupted by its mission in Libya. Some 30 per cent of all international sea-borne trade by volume comes from or is directed to ports in the Mediterranean or passes through its waters, including 18 […]

  • James Fisher Bags Bouri Trenching Contract

    12 May 2016
    Business & Finance, Equipment, Technology

    James Fisher Subsea Excavation (JFSE) will deploy its innovative tools and expertise to support its client, EMAS-AMC, with post-lay trenching and backfilling services at the Bouri oilfield. JFSE’s expertise will be used in replacing the floating storage offloading (FSO) vessel Sloug off the coast of Libya. The company’s patented T4000 and TwinR2000 tools will carry […]

  • IOM: More Needs to Be Done on Saving Migrants

    16 February 2015
    Business & Finance

    Amid escalating violence in Libya, the International Organization for Migration (IOM) called on world governments to act swiftly to face the growing threat to migrants, as over a thousand are rescued from unseaworthy boats on the Mediterranean Sea this weekend. IOM pointed to the rescue since Friday of over 1,600 migrants from multiple vessels. This […]

  • NOC Urges Conflicted Groups Not to Destroy Zueitina Port

    8 August 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) on August 7 called on rival armed groups to avoid destroying the oil port of Zueitina.  The Petroleum Facilities Guards (PFG) and the Government of National Accord (GNA) inked a deal in July this year to reopen the country’s three oil ports, Ras Lanuf, Zueitina, and Es Sidra, that PFG has been blockading. The […]

  • Survey Ship HMS Echo Finds 18 Wrecks in Remarkable Mission (Libya)

    25 July 2013
    Business & Finance

    The waters off Libya have provided rich pickings in one of the most fruitful periods of survey work ever carried out by the Royal Navy in recent years. In ten days’ work the Devonport-based survey ship found a string of sunken obstacles and wrecks – including what is believed to be a sunken amphibious ship […]

  • Eastern NOC Fights Back as It Blocks Tanker Loading

    4 May 2016
    Business & Finance

    The eastern National Oil Corporation (NOC) of Libya has struck back to its rival Tripoli-based NOC by preventing the Maltese-flagged oil tanker Seachance to load cargo at the Hariga oil export terminal earlier this week. Specifically, the workers at Marsa el-Hariga port in eastern Libya were ordered not to load the tanker by the eastern company, a […]

  • Saipem to supervise gas pipeline it laid between Libya and Italy in early 2000s

    18 July 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Italy’s Saipem has been appointed to supervise and provide subsea intervention services for the offshore and onshore sections of a natural gas pipeline connecting Libya and Italy through the Mediterranean Sea. Under the contract secured with GreenStream BV, a midstream player in the Mediterranean Sea owned by Eni North Africa and National Oil Corporation (NOC), […]

  • Update: Bombed Tanker Headed to Greece

    7 January 2015

    A Greek-owned tanker that was bombed by a Libyan military fighter plane January 4 while moored in the Port of Derna, is currently on its way to Greece, carrying the bodies of two crew members who died in the attack, IHS Maritime 360 reports. A 29-year-old Greek and a Romanian crew member were killed, and two more were […]

  • Hundreds of Migrants Feared Dead after Boat Capsizes off Libya

    6 August 2015

    Hundreds of migrants trying to reach Europe via the Mediterranean are feared dead after their fishing boat sank some fifteen miles off Libyan coast Wednesday. The International Organization for Migration (IOM) reported that rescuers, led by the Italian Coast Guard, saved 400 people and pulled 25 bodies from the water so far. Around 175 people are still missing. The Irish […]

  • BP Will Drill in the Libyan Deepwater

    28 June 2010

    Libya will allow BP to begin drilling in its offshore deepwater region next month, despite the extensive Gulf of Mexico oil spill, the head of Libya’s National Oil Co. said Sunday. Shokri Ghanem, who serves as Libya’s de facto oil minister, said the April explosion of the Deepwater Horizon rig, and the subsequent spill, were […]

  • Eni’s 3Q Production Drops Due to Libyan Disruptions

    27 October 2011
    Business & Finance

    Eni announces results for the third quarter and the nine months of 2011. Adjusted operating profit: €4.61 billion in the quarter (up 12%); €13.71 billion in the nine months (up 9%); Hydrocarbon production still affected by the Libyan disruptions: down by 13.6% inthe third quarter of 2011 to 1.47 mmboe/d (down by 12.4% in the […]

  • Alcatel-Lucent, LITC to Build Undersea Cable Between Tripoli and Benghazi, Libya

    4 February 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Alcatel-Lucent has signed a turnkey contract with the Libyan International Telecommunication Company (LITC) to build a new 1,000 km undersea cable system linking the country’s capital, Tripoli, to Benghazi, and providing the broadband connectivity needed in support of ongoing efforts to revive the Libyan economy. The system will play a critical role in the reconstruction […]