The fate of Libya’s Sarir Oil Operations (SOO) concessions which produced 40,000 b/d for 2023 remains up in the air. More commonly referred to as ‘Wintershall’, the concessions on contract areas 91 and 107 in the Sirte Basin, are operated by ‘Wintershall Libya,’ which in turn is owned 51% by Germany’s Wintershall Dea and 49% by Russian state firm Gazprom. (CONTINUED - 1154 WORDS)

Source: Libya Today March 01, 2024 16:31 UTC