Gulf Oil and Gas accountACCOUNT

Algeria's Sonatrach to Resume Libya Drilling in June

Source: Reuters 6/4/2012, Location: Africa

Share |
Algerian state energy firm Sonatrach is to resume exploratory drilling in neighbouring Libya by the end of June after suspending work because of last year's uprising, an official in Algeria's energy sector said.

Sonatrach has exploration rights in the Ghadames basin, near the border between the two countries. Sonatrach's overseas unit will start drilling a fifth well at block 65, one of two blocks it is exploring in the Ghadames basin, the energy official said, speaking on condition of anonymity.

Algerian officials had announced last month that Sonatrach would return to Libya, but at the time it was not clear how quickly the company would be able to resume exploration.

Foreign companies are gradually going back to Libya, despite concerns over security and about the possibility the new authorities will review contracts signed during the rule of ousted leader Muammar Gaddafi.

Oil major BP last week announced it would be resuming exploration work on its concessions in Libya, home to Africa's largest proven oil reserves.

Exploration News in Libya >>

Niger >>  8/15/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce...
United Kingdom >>  8/13/2018 - As part of the 31st Offshore Licensing Round, the Oil and Gas Authority offered companies the opportunity to propose additional blocks in more mature ...

Norway >>  8/8/2018 - Norway's Petroleum Safety Authority has given Faroe Petroleum consent to drill exploration well 30/6-30 in production licence PL 825. The well will te...
Norway >>  8/8/2018 - A/S Norske Shell, operator of production licence 832, has concluded the drilling of wildcat well 6304/3-1. The well is dry. The well was drilled in th...

Mozambique >>  8/7/2018 - Mozambique’s government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for...
Indonesia >>  8/3/2018 - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Conrad, its partne...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Libya >>

More News

 

Oil & Gas Companies in Libya >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.