Don't miss

Replay


LATEST SHOWS

ACROSS AFRICA

Liberia UNMIL mission: Peacekeepers prepare to hand over to government

Read more

MEDIAWATCH

Boris Backs Out After Brexit

Read more

EYE ON AFRICA

DRC elections: Kabila says poll will go ahead

Read more

THE DEBATE

Chaos at Westminster: UK's post-brexit leadership battle (part 1)

Read more

THE DEBATE

Chaos at Westminster: UK's post-brexit leadership battle (part 2)

Read more

ENCORE!

Matthew McConaughey and ‘Free State of Jones' shine new light on American civil war

Read more

FOCUS

Zika virus spreading fast across Puerto Rico

Read more

FRENCH CONNECTIONS

Take a break: France’s love affair with vacations

Read more

THE INTERVIEW

President Ellen Johnson Sirleaf hails 'milestone' as UN peacekeepers leave Liberia

Read more

Africa

European oil giants resume production in Libya

Text by News Wires

Latest update : 2011-09-26

Italy's ENI and France's Total have resumed oil production in Libya, more than six months after oil and gas output in the country ground to a halt due to the popular uprising. More wells will be reactivated over the coming days, the companies said.

AFP - Italian oil giant ENI has resumed oil production in Libya more than six months after civil unrest brought oil and gas output in the country to a near standstill, the company said Monday.

A statement said that ENI had restarted production at the Abu Attifel oil field. Before the conflict that ousted leader Moamer Kadhafi, ENI was the top foreign oil producer in Libya, a former Italian colony.

ENI, working in partnership with Libya's state-run oil company NOC, opened 15 wells at Abu Attifel bringing production to 31,900 barrels a day.

Other wells will be reactivated in the coming days with the goal of creating enough volume to allow production to be transported by oilduct to the Zueitina terminal, the company said.

ENI, which has worked in Libya since 1959, signed an agreement in August with the new rulers in Tripoli so that the company could resume output as soon as possible.

Excepting a gas field whose output went towards local electric power, ENI's total activity in Libya during the conflict fell to 50,00 barrels a day from an estimated 280,000 barrels a day before war broke out.

On Friday, French oil giant Total said it had restarted production from an offshore oil platform off Libya, making it the first major to return to work since the fall of Kadhafi.

Before the war Libya produced around 1.6 million barrels of crude per day. One local firm, Arabian Gulf Oil from the eastern rebel stronghold of Benghazi, restarted production earlier this month.

Date created : 2011-09-26

  • LIBYA

    Mass grave from Abu Salim prison massacre found

    Read more

  • LIBYA

    NATO jets bombard Gaddafi hometown of Sirte

    Read more

  • LIBYA

    NTC forces claim Gaddafi stronghold in Sahara desert

    Read more

COMMENT(S)