Showing posts with label Intisar Oil Field. Show all posts
Showing posts with label Intisar Oil Field. Show all posts

Tuesday, October 29, 2019

Egyptian Companies to Return to Libyan E&P Sector - PETROLEUM AFRICA

Tuesday, October 29, 2019

NOC chairman Eng. Mustafa Sanalla met with Egyptian Minister of Petroleum Eng. Tarek El Molla, and senior officials of the Egyptian Ministry of Petroleum, in Cairo on October 27, 2019. The meeting was held to further mutual cooperation between NOC, the Egyptian Ministry of Petroleum, and Egyptian oil companies.

Eng. El Molla stressed the importance of enhancing Libyan-Egyptian mutual cooperation and emphasized Egyptian companies’ aspirations to resume work in Libya. The Minister also confirmed that Egyptian oil companies have been directed by the Ministry to return to doing business and to proceed with currently suspended projects in Libya.

The NOC chairman briefed the Egyptian attendees on NOC’s plans to increase oil and gas production in Libya and invited Egyptian oil companies to contribute to the implementation of these plans both technically and commercially. Sanalla also commended Egyptian state-owned enterprise Petrojet, which previously completed the Wafa oilfield pipeline in western Libya.