North Hamada News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nafusa Oil Operations BV announced that the National Oil Corporation (NOC) has acquired the foreign partner's share in developing the North Hamada field, leading to the resumption of exploration activities in Block 47 of the Ghadames Basin, which had been halted since 2014. In a statement on Friday, the company said this acquisition is expected to facilitate new discoveries in Block 47, which can be quickly developed and connected to the surface facilities currently being completed.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Libya has begun operating the new pipeline from its North Hamada oilfield with initial transfer capacity expected at 2,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Sunday. The North Hamada field, which is operated by Nafusah Oil Operations, is expected to increase transfer capacity through the line to 25,000 bpd before eventually reaching 10,000 bpd in September as part of the field's first development stage, NOC's statement said, Reuters reported. The 50km pipeline to Mellitah port has design capacity of 70,000 bpd, NOC added.