Libya is developing a new production province in the northern Ghadames Basin. State firm Agoco and Italy’s Eni both plan to move discoveries to production, taking advantage of the 50,000 b/d development plans of Indonesia’s Medco. Despite finds dating back decades, the northern part of the Ghadames Basin, 250km southwest of Tripoli and close to the Tunisian border, has no current oil or gas production. But it could be producing 70,000 b/d by 2016. Medco’s planned 50,000 b/d development of Area 47 has given impetus to work on other nearby discoveries. Eni plans to produce 10,000 b/d from Block NC-118.
Now Agoco, the Benghazi-based arm of Libya’s National Oil Company, has called for firms to prequalify by 12 November for the “installation of early production facilities” on its Block NC-100 to the west of the Medco acreage. Work specified includes civil engineering – with facilities to include storage tanks, pumps and production separators – as well as handling commissioning and production start-up. (CONTINUED - 1072 WORDS)
