The Libyan Minister of Oil and Gas Mohammed Oun has urged Algeria to return its oil companies to work in Libya and complete oil exploration. This came in a meeting with the Algerian Minister of Energy and Mines, Mohamed Arkab, and the heads of the Algerian companies Sonatrach and Sonelgaz, on the sidelines of the 12th Arab Energy Conference, organized by the Organization of Arab Petroleum Exporting Countries (OAPEC) in Qatar.
The two sides also discussed aspects of joint cooperation and exchange of expertise as well as technical experiences in the fields of exploration, production, manufacturing, maintenance, training and manpower, according to a statement issued by the Libyan Ministry of Oil.
Oun called on the Algerian side to speed up the return of oil companies to work from Libya to complete exploration operations and begin developing oil discoveries that were delayed due to force majeure, while the Algerian side confirmed the start of actual steps for companies to return to work in Libya. The meeting ended with an agreement between the two sides to coordinate efforts to put these intentions into practice.
Last Monday, the Exploration Department of the National Oil Corporation (NOC) discussed with the Algerian company Sonatrach the developments of exploration programs for the remainder of 2023.
On November 07, the Algerian company announced the lifting of force majeure on the fields granted to it in Libya, and it made four gas discoveries in contractual area 96/95 in the Ghadames Basin.
