LIBYA

Oasis And Sharara Spearhead New Libyan Output Surge

Libya continues to make impressive production gains on the back of fresh incremental supply from Repsol-operated Murzuq basin fields and the Oasis (Waha) group of fields, operated by US firms Marathon, ConocoPhillips and Hess. These between them have added almost 250,000 b/d of output in just six weeks. State oil firm AGOCO is now producing over 300,000 b/d and is aiming to hit 400,000 b/d by end-March, AGOCO Chairman Ahmad...