Libyas latest drilling initiatives will be supported by a US-based oilfield services company, Schlumberger (SLB), as per a new turnkey contract, a first of its kind in Libya
The National Drilling Company, a subsidiary company of the NOC, has signed a deal with SLB to drill three oil wells for the Remas Libya Company in the Nesr and Al Waha fields.
The signing ceremony took place in the Ras Lanuf Hall and was also attended by the chairman of the National Drilling Company, Abdul Moula Abu Fayed, as well as members of the company's management committee, Sultan Abdulaziz and Mohammed Hussein, and the general manager of Schlumberger Libya, Mustafa Ajaj.
Speaking at the ceremony, NOC board member, Hussein Saffar, expressed his satisfaction with the agreement and said that it marks an important step in developing the Libyan oil sector. He added that it demonstrates the corporation's commitment to working with companies from across the world to increase production and improve the operational efficiency of the sector.
According to Ajaj, SLB has the necessary experience and technical capabilities to facilitate the increase in production at Libyan oil fields.
The development exemplifies the NOC's commitment to enhancing collaboration with global companies to bolster production across Libyan oil fields. The country's oil production seems to have achieved a certain stability in the last couple of months: https://www.oilreviewafrica.com/exploration/exploration/libyas-oil-production-remains-consistent-for-two-consecutive-months.
