• Wednesday, 16 May, 2012

More oil begins to flow in Libya

Celebrate: Wintershall and Zueitina are the latest companies to resume output since a civil war stifled much of Libya's 1.6 million bpd output

AP/SCANPIX

related stories

By Josh Lewis & news wires

 18 October 2011 14:44 GMT

German producer Wintershall and Libya’s Zueitina Oil have become the latest companies to resume output from Libyan oilfields since the North African nation descended into civil war earlier this year.

Wintershall said output had resumed at eight oilfields in concessions 96 and 97 in the Libyan Desert, about 1000 kilometres south-east of Tripoli, which had been shut-in since February when the conflict began.

"We reached a production level of about 20,000 barrels per day shortly after beginning operations,” said the chairman of the company’s executive board, Rainer Seele.

“Now we have to technically stabilise production.”

Prior to suspending its operations the company was producing about 100,000 bpd from its Libyan operations.

Wintershall’s Libyan employees looked after and maintained the facilities which the company said were undamaged.

It added the infrastructure for transporting oil from the fields to the Mediterranean coast was also deemed to be in working order.

Dow Jones quoted National Oil Company chairman Nuri Berruien in an interview saying Zueitina Oil had restarted production two weeks ago and was currently averaging about 30,000 bpd. Prior to the war Zueitina was pumping an average of 60,000 bpd.

Berruien also told the news agency Agoco was in the process of restarting production from its Hamada and Beida oilfields where pre-war output averaged a combined 20,000 bpd.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index

Recruitment
See all available positions
Events
2
06.05.2012

06

May

06.05.2012 -  20th Middle East Petroleum & Gas Conference (MPGC 2012)

MPGC 2012 will be held from 6-8 May and is returning to Bahrain again, on the occasion of its 20th Anniversary. The conference will be held under the Patronage of His Excellency Dr. Abdul Hussain bin Ali Mirza, Minister of Energy-Chairman of National Oil & Gas Authority, Kingdom of Bahrain and with National Oil & Gas Authority (NOGA) & The Bahrain Petroleum Company (Bapco) as hosts.
The Conference Connection Inc
Read more »
07.05.2012

07

May

07.05.2012 -  20th Middle East Petroleum & Gas Conference (MPGC 2012)

MPGC 2012 will be held from 6-8 May and is returning to Bahrain again, on the occasion of its 20th Anniversary. The conference will be held under the Patronage of His Excellency Dr. Abdul Hussain bin Ali Mirza, Minister of Energy-Chairman of National Oil & Gas Authority, Kingdom of Bahrain and with National Oil & Gas Authority (NOGA) & The Bahrain Petroleum Company (Bapco) as hosts.
The Conference Connection Inc
Read more »
08.05.2012

08

May

08.05.2012 -  20th Middle East Petroleum & Gas Conference (MPGC 2012)

MPGC 2012 will be held from 6-8 May and is returning to Bahrain again, on the occasion of its 20th Anniversary. The conference will be held under the Patronage of His Excellency Dr. Abdul Hussain bin Ali Mirza, Minister of Energy-Chairman of National Oil & Gas Authority, Kingdom of Bahrain and with National Oil & Gas Authority (NOGA) & The Bahrain Petroleum Company (Bapco) as hosts.
The Conference Connection Inc
Read more »