News Industry

Libya’s NOC Restores Sinawen Oil Production After More Than Three Years Offline

Libya’s NOC Restores Sinawen Oil Production After More Than Three Years Offline
Wednesday, 25 February 2026 10:44
  • Field capacity about 20,000 barrels per day
  • NOC targets 1.6 million bpd output by 2026

Libya’s National Oil Corporation (NOC) said on Sunday, Feb. 22, that production has resumed at the Sinawen oil field in the Nalut region after more than three and a half years offline.

The state-owned company said the shutdown was due to financial difficulties and technical issues affecting crude transport to the Mellitah complex, according to the Libyan News Agency (LANA).

The Arabian Gulf Oil Company (AGOCO), a subsidiary of the NOC that operates the field, said it had completed maintenance and fixed problems on the export pipeline, Libyan outlet Al-Wasat reported.

Inaugurated in October 2020, Sinawen has begun a gradual ramp-up. The field has a capacity of around 20,000 barrels per day (bpd) under normal operating conditions. No production figures have yet been disclosed.

The restart comes as Libya moves to reactivate oil assets. On Feb. 9, Agence Ecofin reported that the Al-Sarir refinery, operated by AGOCO, had returned to full capacity after maintenance on its distillation unit, part of NOC efforts to improve refining reliability. In March 2025, the Mabruk field resumed operations after nearly a decade offline.

A coordinated plan to increase oil supply

More broadly, Sinawen’s restart aligns with a national output target set by Libyan authorities. In October 2025, the NOC said it aims to raise production to 1.6 million bpd by the end of 2026, up from about 1.38 million bpd at the time.

Chairman Farhat Bengdara outlined the target following meetings with international partners under an investment programme aimed at restoring and expanding production capacity.

In late January 2026, Waha Oil Company, jointly owned by the NOC, TotalEnergies and ConocoPhillips, signed a 25-year development agreement. Under terms disclosed by the companies, the project involves several billion dollars in investment to increase output at the concessions, with capacity potentially reaching about 850,000 bpd.

Also in January 2026, the NOC unveiled a plan to raise national refining capacity to roughly 660,000 bpd through upgrades to existing facilities and new industrial projects.

Abdel-Latif Boureima

On the same topic
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Tullow plans six wells at Jubilee in 2026, with four coming online in months Ghana’s oil output has fallen for six straight years, with Jubilee...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.