NOC: Halting Sharara Oilfield Would Be 'Catastrophic'

Monday, December 10, 2018

Libya's National Oil Corp (NOC) warned on Sunday of "catastrophic consequences" if the El Sharara oilfield is brought to a complete halt by a protest by tribesmen.

The state oil company said it would take a long time to bring back the field onstream because of the damage resulting from the "sabotage and theft."

The company said the storage tanks at the field will be completely full in the next hours, forcing the field to shutdown as it cannot pump the crude out to the processing facilities.

The production of the El Feel oilfield will also stop because El Sharara supplies it with power, it said in a statement.

NOC described the protesters as criminals because they stopped the pumps from functioning.


(Reporting by Maher Chmaytelli Editing by Matthew Mpoke Bigg)

Categories: Middle East

Related Stories

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

SLB Names Raman CSO, CMO

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Seatrium and Cochin Shipyard Form Alliance to Deliver India’s Jack-Up Rigs

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Current News

Argentina YPF to Shed Offshore Exploration Projects

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Shell Hires Noble’s Drillship for Work in Southeast Asia

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com