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Incident at Sharara Oil Field

Source: www.gulfoilandgas.com 7/14/2018, Location: Africa

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The National Oil Corporation (NOC) announces that, unknown armed assailants entered the facilities of Station 186 of the Sharara oil field. Four of the station staff were initially kidnapped but two of them have been since released. NOC Board Members are closely monitoring developments with the management of Akakus. The chairman of Akakus and the general manager of operations were instructed to be on-site. The corporation is liaising with appropriate authorities to resolve the issue and ensure employee safety.

Akakus is a joint venture between NOC, and a consortium of Total, Repsol, Statoil, and OMV. Oil wells in the surrounding area have been shut down as a precaution, and all other workers evacuated. Expected losses to daily production are 160,000 barrels a day.

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