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Libya resumes oil exploration activities

Exploration & Production

The National Oil Corporation (NOC) has stated that Libyas oil exploration activities have resumed at all fields.

NOC said its crude output has climbed to 1.4mn bpd, while gas production is now at 2.3 billion cubic feet per day.

Seismic survey at Ghadames basin

"Seismic surveys at oil concessions belonging to the Arabian Gulf Oil company have resumed, and the Arab Company for Geophysical Survey (Agesco) has on February 25 started carrying out seismic survey operations in division 3 at NC4 concession in the Ghadames basin," said a statement on NOC website.

Exploration at Sirte basin

"A second division will start implementing an exploration programme at concessions 44-47-51-80 in Sirte basin by the end of March," it said.