Sonatrach achieves an oil discovery in Libya – New Algeria

The Libyan National Oil Company announced that the Algerian “Sonatrach” complex was able to achieve an oil discovery in the Aqsa Aqsa Basin, west of Libya, with capabilities of 4,200 barrels per day.
In a statement issued by the Libyan government establishment, in which it announced directly “the National Drilling Company, the day before yesterday, Tuesday, the move No. 11 to the work site to implement the excavation of three strategic wells for the benefit of” Sonatrach Sibex “with the philosophy of integrated drilling (IPMIn partnership with a group of international and local companies.
The statement stated that this discovery falls within the context of the activities of the Algerian Sonatrach in Libya, where the company won a license to explore and share production in the general giving round that was conducted in 2008, and it should be noted that the National Oil Corporation announces the commercial of oil discovery A-65/2 In the Ghadames basin, which was achieved by the Algerian company Sonatrach, in preparation for the start of the development process and its placement on production at the earliest time, and it is expected to achieve rates exceeding 4000 barrels per day, within the framework of the Foundation’s continuous endeavor and its constant keenness to increase Libya’s oil and gas reserves.
A statement issued by the Libyan Oil Corporation says that the provisions of the first memorandum of understanding that were signed between both the National Company for Geophysics (EnageoSonatrach, and North Africa Geophysical Exploration Company (Nageco(Affiliated with the National Oil Corporation, centered on geophysical exploration activity, while the second was between the National Company for Water Services (ENSPSonatrach and Al -Jouf Oil Technology Company (JOT) It is affiliated with the Foundation, and it relates to the provision of oil services in Algeria, Libya and abroad.
As for the third, it was concerned with work, laboratory analyzes and petroleum research, which was signed between Sonatrach “Exploration and Production – Laboratory Department” and the Oil Research Center, and aims to carry out joint works within the framework of partnership projects between Sonatrach and the National Oil Corporation.
The Fourth Memorandum of Understanding was also specialized in training and transfer of knowledge, and it was signed between Sonatrach and the National Oil Corporation. It aims to cooperate in the field of training and transfer of knowledge in all specializations related to the oil and gas sector in the two countries.
Fahima. for
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