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Russia's interest in Libya's oil The country's oil reserves are estimated at 48 billion barrels, attracting interest from energy giants such as Repsol, ENI, BP, and OMV.After years of sanctions ...
The Sarir field normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total. Last Friday, Libya’s National Oil Corp said recent oilfield closures ...
In 2021, Petrofac secured a contract valued at $100m from Zallaf Libya Oil & Gas Exploration and Production Company to engineer, procure, construct and commission surface facilities at the field.
(Bloomberg) Oil rose with the closure of Libya's largest oil field in a market that is already undersupplied, obscuring signs that closures in China are affecting its economic growth. Brent crude ...