Italian firm fires up oil wells in Libya

Italian Oil and Gas company Eni has restarted production in Libya. Work has begun at fifteen Libyan wells in Abu-Attifel, 300 km south of Benghazi. Production is at 31,900 barrels […]

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By Tom Gibson

Italian Oil and Gas company Eni has restarted production in Libya. Work has begun at fifteen Libyan wells in Abu-Attifel, 300 km south of Benghazi.

Production is at 31,900 barrels of oil per day so far and more wells are expected to come back online in the next few days. During the conflict, in which Colonel Gaddafi was ousted from power, Eni signed an agreement with the National Transition Council to restart their operations as soon as possible.

Eni has been active in Libya since 1959 and is the largest foreign player in the of production hydrocarbons.

Other Eni stories:

Oil found off Shetland