Field development and production in Libya
We are well positioned for growth in Libya with two producing assets and a focus on technology-based IOR projects.
Fields in production
The Mabruk oil field is located in licence C-17, north-west in the Sirte basin and is being developed in phases.
A Field Development Plan (FDP) for Mabruk Phase I (previously denoted phase V), covering the Dahra South East is expected to be approved by the Libyan National Oil Corporation (NOC) in 2009.
The NC 186 licence in the Murzuk area consists of several fields. We are producing from the A, B, D and H fields, which were developed with one common processing facility. The oil from these fields is blended with oil from the neighbouring licence NC 115 and then transported by pipeline to the Az Zawia terminal west of Tripoli.
The I/R oil field, which straddles both the NC 115 and NC 186 licences, started production in June 2008.
An FDP for the J and K fields was approved by both the partnership and NOC. The fields are expected to start production in 2010.
To avoid extensive flaring from the NC 186 fields, a gas utilisation project is ongoing, with the aim of using the associated gas from the oil production for electricity generation. Start-up of the project is expected in 2009, when planned flaring in the 186 area will be eliminated.