The onshore field, located about 130 kilometres south of Sirte in concession C17, had been shut since 2015 when security disruptions forced several oil facilities across the country to suspend operations. Production resumed on February 28 after the completion of a new facility capable of producing about 25,000 barrels of oil per day. The North African country holds Africa’s largest proven crude reserves and relies heavily on petroleum exports to fund government spending and support its economy. TotalEnergies holds a 37.5 per cent stake in the Mabruk field and has operated in Libya since 1956. The Waha assets are operated by Waha Oil Company, which is owned by Libya’s state oil firm, National Oil Corporation, with TotalEnergies and ConocoPhillips holding minority stakes.

Source: The North Africa Journal March 13, 2026 13:59 UTC